The Independent Director in China and India

The Independent Director in China and India

Author: Cornelius Bader

Publisher: GRIN Verlag

Published: 2011-07

Total Pages: 77

ISBN-13: 3640955765

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Seminar paper from the year 2010 in the subject Law - Comparative Legal Systems, Comparative Law, grade: A+, Vanderbilt University (Law School), language: English, abstract: The "independent director" has become a centerpiece of modern corporate governance. However, the concept of "independence", and the ability of independent directors to fulfill their roles, remains deeply problematical. In the course of the discussion on the proper role of independent directors that unfolded in Europe and the United States during the 1980s and 1990s and peaked in the wake of the Enron scandal, rules on director independence have found their way to the corporate governance regimes of developing countries that turned their head to western economies. Particularly in China and India, independent directors have taken their place on company boards, earning mixed responses from the academic and business community. What is the current state of Indian and Chinese rules on director independence? What tensions do they address and create? And what can be done to optimize the achievement of their objectives? The goal of this article is to examine the status quo of director independence in the two countries, to put the regulations into their historic and political context, to summarize practical experiences with the new institution, and to point to possible future developments.


Book Synopsis The Independent Director in China and India by : Cornelius Bader

Download or read book The Independent Director in China and India written by Cornelius Bader and published by GRIN Verlag. This book was released on 2011-07 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2010 in the subject Law - Comparative Legal Systems, Comparative Law, grade: A+, Vanderbilt University (Law School), language: English, abstract: The "independent director" has become a centerpiece of modern corporate governance. However, the concept of "independence", and the ability of independent directors to fulfill their roles, remains deeply problematical. In the course of the discussion on the proper role of independent directors that unfolded in Europe and the United States during the 1980s and 1990s and peaked in the wake of the Enron scandal, rules on director independence have found their way to the corporate governance regimes of developing countries that turned their head to western economies. Particularly in China and India, independent directors have taken their place on company boards, earning mixed responses from the academic and business community. What is the current state of Indian and Chinese rules on director independence? What tensions do they address and create? And what can be done to optimize the achievement of their objectives? The goal of this article is to examine the status quo of director independence in the two countries, to put the regulations into their historic and political context, to summarize practical experiences with the new institution, and to point to possible future developments.


Independent Directors in Asia

Independent Directors in Asia

Author: Dan W. Puchniak

Publisher: Cambridge University Press

Published: 2017-11-02

Total Pages: 638

ISBN-13: 1316846091

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The rise of the independent director in Asia is an issue of global consequence that has been largely overlooked until recently. Less than two decades ago, independent directors were oddities in Asia's boardrooms. Today, they are ubiquitous. Independent Directors in Asia undertakes the first detailed analysis of this phenomenon. It provides in-depth historical, contextual and comparative perspectives on the law and practice of independent directors in seven core Asian jurisdictions (China, Hong Kong, India, Japan, Singapore, South Korea, Taiwan) and Australia. These case studies reveal the varieties of independent directors in Asia, none of which conform to its original American concept. The authors develop a taxonomy of these varieties, which provides a powerful analytical tool for more accurately understanding and effectively researching independent directors in Asia. This new approach challenges foundational aspects of comparative corporate governance practice and suggests a new path for comparative corporate governance scholarship and reform.


Book Synopsis Independent Directors in Asia by : Dan W. Puchniak

Download or read book Independent Directors in Asia written by Dan W. Puchniak and published by Cambridge University Press. This book was released on 2017-11-02 with total page 638 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of the independent director in Asia is an issue of global consequence that has been largely overlooked until recently. Less than two decades ago, independent directors were oddities in Asia's boardrooms. Today, they are ubiquitous. Independent Directors in Asia undertakes the first detailed analysis of this phenomenon. It provides in-depth historical, contextual and comparative perspectives on the law and practice of independent directors in seven core Asian jurisdictions (China, Hong Kong, India, Japan, Singapore, South Korea, Taiwan) and Australia. These case studies reveal the varieties of independent directors in Asia, none of which conform to its original American concept. The authors develop a taxonomy of these varieties, which provides a powerful analytical tool for more accurately understanding and effectively researching independent directors in Asia. This new approach challenges foundational aspects of comparative corporate governance practice and suggests a new path for comparative corporate governance scholarship and reform.


The Glass Ceiling in Chinese and Indian Boardrooms

The Glass Ceiling in Chinese and Indian Boardrooms

Author: Alice de Jonge

Publisher: Elsevier

Published: 2015-03-12

Total Pages: 188

ISBN-13: 1780633432

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This book is about women directors in China and India. The aim of the book is to understand more clearly where women are present on corporate boards, and the reasons for their continued absence from most listed company boards. The Glass Ceiling in Chinese and Indian Boardrooms is written at a time of increasing awareness, particularly in Europe, of the benefits of gender equity at the boardroom table, and of the costs of women’s continued exclusion from corporate decision-making. Norway’s gender equity legislation has now been instrumental in ensuring that women occupy over 40% of all company board seats in that country. France, Italy and Spain are amongst those countries now following the same path towards equity. But Asia in general, and the world’s two largest nations in particular, still lag well behind. In China while women enjoy greater social and economic equality than many of their sisters in other parts of Asia, the male-dominated nature of the Party-state apparatus makes it unlikely that legislative change will be achieved any time soon. In India, while the country’s 2013 Corporations Law now requires all major listed firms to have at least one woman director, the real challenges for women are social and economic, where much work remains to be done. Based on detailed surveys of 1,000 key listed firms in India and China Provides results from empirical questionnaire surveys of key firms Analyses the importance of board diversity in a rapidly changing world, and its significance for economic and environmental stability


Book Synopsis The Glass Ceiling in Chinese and Indian Boardrooms by : Alice de Jonge

Download or read book The Glass Ceiling in Chinese and Indian Boardrooms written by Alice de Jonge and published by Elsevier. This book was released on 2015-03-12 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about women directors in China and India. The aim of the book is to understand more clearly where women are present on corporate boards, and the reasons for their continued absence from most listed company boards. The Glass Ceiling in Chinese and Indian Boardrooms is written at a time of increasing awareness, particularly in Europe, of the benefits of gender equity at the boardroom table, and of the costs of women’s continued exclusion from corporate decision-making. Norway’s gender equity legislation has now been instrumental in ensuring that women occupy over 40% of all company board seats in that country. France, Italy and Spain are amongst those countries now following the same path towards equity. But Asia in general, and the world’s two largest nations in particular, still lag well behind. In China while women enjoy greater social and economic equality than many of their sisters in other parts of Asia, the male-dominated nature of the Party-state apparatus makes it unlikely that legislative change will be achieved any time soon. In India, while the country’s 2013 Corporations Law now requires all major listed firms to have at least one woman director, the real challenges for women are social and economic, where much work remains to be done. Based on detailed surveys of 1,000 key listed firms in India and China Provides results from empirical questionnaire surveys of key firms Analyses the importance of board diversity in a rapidly changing world, and its significance for economic and environmental stability


Women on Boards in China and India

Women on Boards in China and India

Author: Alice de Jonge

Publisher: Taylor & Francis

Published: 2022-05-09

Total Pages: 113

ISBN-13: 1000583910

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This book provides an in-depth comparative exploration of gender diversity in corporate leadership roles in China and India. Set in the context of changing corporate governance norms, it utilises both quantitative and qualitative research methods to understand the key determinants of gender disparity. It identifies global-, national-, and enterprise-level factors shaping gender diversity in the corporate boardroom and measures their economic, political, and socio-cultural impacts on two of the world’s largest economies. The book draws upon narratives of women leaders to bridge the gap between theory and data, examining possible solutions to achieve gender parity in organisational hierarchies. Topical and detailed, this book will be an essential read for scholars, practitioners, and researchers of gender studies, corporate governance, business studies, human resource management, public policy, social anthropology, and Asian studies.


Book Synopsis Women on Boards in China and India by : Alice de Jonge

Download or read book Women on Boards in China and India written by Alice de Jonge and published by Taylor & Francis. This book was released on 2022-05-09 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth comparative exploration of gender diversity in corporate leadership roles in China and India. Set in the context of changing corporate governance norms, it utilises both quantitative and qualitative research methods to understand the key determinants of gender disparity. It identifies global-, national-, and enterprise-level factors shaping gender diversity in the corporate boardroom and measures their economic, political, and socio-cultural impacts on two of the world’s largest economies. The book draws upon narratives of women leaders to bridge the gap between theory and data, examining possible solutions to achieve gender parity in organisational hierarchies. Topical and detailed, this book will be an essential read for scholars, practitioners, and researchers of gender studies, corporate governance, business studies, human resource management, public policy, social anthropology, and Asian studies.


Independent Directors in Asia

Independent Directors in Asia

Author: Dan W. Puchniak

Publisher: Cambridge University Press

Published: 2017-11-02

Total Pages: 637

ISBN-13: 1316843858

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The rise of the independent director in Asia is an issue of global consequence that has been largely overlooked until recently. Less than two decades ago, independent directors were oddities in Asia's boardrooms. Today, they are ubiquitous. Independent Directors in Asia undertakes the first detailed analysis of this phenomenon. It provides in-depth historical, contextual and comparative perspectives on the law and practice of independent directors in seven core Asian jurisdictions (China, Hong Kong, India, Japan, Singapore, South Korea, Taiwan) and Australia. These case studies reveal the varieties of independent directors in Asia, none of which conform to its original American concept. The authors develop a taxonomy of these varieties, which provides a powerful analytical tool for more accurately understanding and effectively researching independent directors in Asia. This new approach challenges foundational aspects of comparative corporate governance practice and suggests a new path for comparative corporate governance scholarship and reform.


Book Synopsis Independent Directors in Asia by : Dan W. Puchniak

Download or read book Independent Directors in Asia written by Dan W. Puchniak and published by Cambridge University Press. This book was released on 2017-11-02 with total page 637 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of the independent director in Asia is an issue of global consequence that has been largely overlooked until recently. Less than two decades ago, independent directors were oddities in Asia's boardrooms. Today, they are ubiquitous. Independent Directors in Asia undertakes the first detailed analysis of this phenomenon. It provides in-depth historical, contextual and comparative perspectives on the law and practice of independent directors in seven core Asian jurisdictions (China, Hong Kong, India, Japan, Singapore, South Korea, Taiwan) and Australia. These case studies reveal the varieties of independent directors in Asia, none of which conform to its original American concept. The authors develop a taxonomy of these varieties, which provides a powerful analytical tool for more accurately understanding and effectively researching independent directors in Asia. This new approach challenges foundational aspects of comparative corporate governance practice and suggests a new path for comparative corporate governance scholarship and reform.


The Independent Director

The Independent Director

Author: G. Brown

Publisher: Springer

Published: 2015-03-10

Total Pages: 289

ISBN-13: 1137480556

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Non-executive directors play a very important role in modern business. Providing a rare emphasis on 'soft skills', culture and relationship building, this comprehensive guide offers a unique insight into what it's actually like to be a non-executive director, backed up by global case studies, research and interviews.


Book Synopsis The Independent Director by : G. Brown

Download or read book The Independent Director written by G. Brown and published by Springer. This book was released on 2015-03-10 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Non-executive directors play a very important role in modern business. Providing a rare emphasis on 'soft skills', culture and relationship building, this comprehensive guide offers a unique insight into what it's actually like to be a non-executive director, backed up by global case studies, research and interviews.


The Political Economy of State-owned Enterprises in China and India

The Political Economy of State-owned Enterprises in China and India

Author: X. Yi-chong

Publisher: Springer

Published: 2012-09-24

Total Pages: 277

ISBN-13: 1137271655

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Focused on unique features of economic development, this edited volume examines the nature and structure of corporate governance of several key state-owned enterprises in China and public sector units in India in five strategic sectors: oil and natural gas, steel, coal, electricity generation, and banking industries.


Book Synopsis The Political Economy of State-owned Enterprises in China and India by : X. Yi-chong

Download or read book The Political Economy of State-owned Enterprises in China and India written by X. Yi-chong and published by Springer. This book was released on 2012-09-24 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focused on unique features of economic development, this edited volume examines the nature and structure of corporate governance of several key state-owned enterprises in China and public sector units in India in five strategic sectors: oil and natural gas, steel, coal, electricity generation, and banking industries.


Corporate Governance After the Financial Crisis

Corporate Governance After the Financial Crisis

Author: P. M. Vasudev

Publisher: Edward Elgar Publishing

Published: 2012

Total Pages: 321

ISBN-13: 0857931539

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'Judging by the academic post-mortems, the 2008 economic collapse was triggered by a financial sector gone wild. But the collapse was also made possible by defects in corporate governance. At last, this volume offers a serious investigation into the role corporate governance played in getting the world into that mess and can play in getting it out. Offering diverse perspectives from some of the world's preeminent corporate scholars, the volume deserves a place on the desk of anyone seeking to understand the collapse and how to avoid the next one.' Kent Greenfield, Boston College Law School, US 'This excellent collection from a highly distinguished group of scholars focuses on three intertwined and overlapping "aftermaths", the pressing concerns of corporate governance reform arising out of the financial crisis since 2008, the state of corporate governance reform since the spectacular failures of Enron, Worldcom and others, and, finally, the prospects of what since the early 1980s has been a global debate over the convergence and divergence of corporate law debates. Drawing on numerous country studies, this book greatly advances our understanding of where corporate governance reform is headed.' Peer Zumbansen, York University, Canada 'This volume addresses a range of important issues that were relevant before the global financial crisis and have, in many ways, become more so since the crisis. The book contains the work of a number of renowned commentators who have given the issues considered in the book much thought over an appreciable period of time. This volume is one that all scholars interested in corporate governance, no matter what their academic discipline is, would be interested in reading. I am eagerly awaiting its publication.' Andrew Keay, University of Leeds, UK 'The governance needle now swings to and fro like a windscreen wiper, no longer fast upon the goal of shareholder primacy and wealth maximization. "The aim of this volume is to introduce the new ideas animating. . . governance in the post-financial crisis world". This book does a superb job of accomplishing that objective. Probing discussions of sustainability, stakeholder models, globalization, ethical behavior, soft law, independent directors, and family capitalism coalesce around the antipode toward which the windscreen wiper increasingly swings, and not which "may be" but will be "the shape of things to come".' Douglas M. Branson, University of Pittsburgh, US The financial crisis of 200809 raises questions about the assumptions that underpin corporate governance. Shareholder value and private ordering may not in fact be the best means of promoting efficiency and corporate responsibility and the mechanisms used to ensure management accountability may not be effective. In this fascinating study, experts from around the world draw on the experience of the financial crisis to explore topical issues ranging from shareholder primacy and the corporate objective to the stakeholder principle, business ethics, and globalization of corporate governance principles. The chapters are provocative, acknowledging that our understanding of fundamental questions of corporate governance is still developing and demonstrating that the corporate governance debate is far from over. This informative book will appeal to researchers in corporate governance and corporate law including graduate students, policymakers, lawyers, accountants, and management consultants. Chambers of commerce and trade associations will also find much to interest them in this book.


Book Synopsis Corporate Governance After the Financial Crisis by : P. M. Vasudev

Download or read book Corporate Governance After the Financial Crisis written by P. M. Vasudev and published by Edward Elgar Publishing. This book was released on 2012 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Judging by the academic post-mortems, the 2008 economic collapse was triggered by a financial sector gone wild. But the collapse was also made possible by defects in corporate governance. At last, this volume offers a serious investigation into the role corporate governance played in getting the world into that mess and can play in getting it out. Offering diverse perspectives from some of the world's preeminent corporate scholars, the volume deserves a place on the desk of anyone seeking to understand the collapse and how to avoid the next one.' Kent Greenfield, Boston College Law School, US 'This excellent collection from a highly distinguished group of scholars focuses on three intertwined and overlapping "aftermaths", the pressing concerns of corporate governance reform arising out of the financial crisis since 2008, the state of corporate governance reform since the spectacular failures of Enron, Worldcom and others, and, finally, the prospects of what since the early 1980s has been a global debate over the convergence and divergence of corporate law debates. Drawing on numerous country studies, this book greatly advances our understanding of where corporate governance reform is headed.' Peer Zumbansen, York University, Canada 'This volume addresses a range of important issues that were relevant before the global financial crisis and have, in many ways, become more so since the crisis. The book contains the work of a number of renowned commentators who have given the issues considered in the book much thought over an appreciable period of time. This volume is one that all scholars interested in corporate governance, no matter what their academic discipline is, would be interested in reading. I am eagerly awaiting its publication.' Andrew Keay, University of Leeds, UK 'The governance needle now swings to and fro like a windscreen wiper, no longer fast upon the goal of shareholder primacy and wealth maximization. "The aim of this volume is to introduce the new ideas animating. . . governance in the post-financial crisis world". This book does a superb job of accomplishing that objective. Probing discussions of sustainability, stakeholder models, globalization, ethical behavior, soft law, independent directors, and family capitalism coalesce around the antipode toward which the windscreen wiper increasingly swings, and not which "may be" but will be "the shape of things to come".' Douglas M. Branson, University of Pittsburgh, US The financial crisis of 200809 raises questions about the assumptions that underpin corporate governance. Shareholder value and private ordering may not in fact be the best means of promoting efficiency and corporate responsibility and the mechanisms used to ensure management accountability may not be effective. In this fascinating study, experts from around the world draw on the experience of the financial crisis to explore topical issues ranging from shareholder primacy and the corporate objective to the stakeholder principle, business ethics, and globalization of corporate governance principles. The chapters are provocative, acknowledging that our understanding of fundamental questions of corporate governance is still developing and demonstrating that the corporate governance debate is far from over. This informative book will appeal to researchers in corporate governance and corporate law including graduate students, policymakers, lawyers, accountants, and management consultants. Chambers of commerce and trade associations will also find much to interest them in this book.


Corporate Governance Reform Priorities in Asia Taking Corporate Governance to a Higher Level

Corporate Governance Reform Priorities in Asia Taking Corporate Governance to a Higher Level

Author: OECD

Publisher: OECD Publishing

Published: 2013-10-01

Total Pages: 136

ISBN-13: 9264204415

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This Report supports decision-makers and practitioners in their efforts to take corporate governance to a higher level.


Book Synopsis Corporate Governance Reform Priorities in Asia Taking Corporate Governance to a Higher Level by : OECD

Download or read book Corporate Governance Reform Priorities in Asia Taking Corporate Governance to a Higher Level written by OECD and published by OECD Publishing. This book was released on 2013-10-01 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Report supports decision-makers and practitioners in their efforts to take corporate governance to a higher level.


Corporate Governance of Listed Companies in China Self-Assessment by the China Securities Regulatory Commission

Corporate Governance of Listed Companies in China Self-Assessment by the China Securities Regulatory Commission

Author: OECD

Publisher: OECD Publishing

Published: 2011-09-22

Total Pages: 108

ISBN-13: 9264119205

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By assessing a broad range of laws, regulations and codes, this book provides a valuable reference for understanding how much has been achieved in Chinese corporate governance and the main ambitions of future reform efforts.


Book Synopsis Corporate Governance of Listed Companies in China Self-Assessment by the China Securities Regulatory Commission by : OECD

Download or read book Corporate Governance of Listed Companies in China Self-Assessment by the China Securities Regulatory Commission written by OECD and published by OECD Publishing. This book was released on 2011-09-22 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: By assessing a broad range of laws, regulations and codes, this book provides a valuable reference for understanding how much has been achieved in Chinese corporate governance and the main ambitions of future reform efforts.