Yahoo Web Search

Search results

  1. People also ask

  2. What is an Independent Director? An independent director, in corporate governance, refers to a member of a board of directors who does not have a material relationship with a company and is neither part of its executive team nor involved in the day-to-day operations of the company.

  3. Aug 14, 2018 · The term “independent director” is often used interchangeably with the state corporate law term “disinterested director,” which means a director who does not have an economic or personal interest in a particular transaction or arrangement requiring board approval. The two terms overlap substantially, but they are not identical.

  4. Mar 17, 2022 · March 17, 2022. Harvard Law School Forum on Corporate Governance. Shana A. Elberg Lisa Laukitis Maxim Mayer-Cesiano. Partners Shana Elberg, Lisa Laukitis and Maxim Mayer-Cesiano look at "director independence," which means different things for different purposes and situations.

  5. What is an Independent Director? An Independent Director is a non-executive member of a company's board who doesn't have a material relationship with the company, meaning they are not involved in the day-to-day operations and do not have any significant financial stake in the company that could compromise their judgment.

  6. Concept of Independent Director. safeguard the interest of the members who individually cannot look after their interest. Basically, we can say that an independent director is a non-executive director of a company who helps the company in improving corporate credibility and governance standards.

    • 435KB
    • 43
  7. May 1, 2024 · An Independent Director can be defined as an individual who is a member of the Board of Directors who doesn't have any material relationship with the corporation or with the person of interest. Independent directors are not a part of the company's executive body but work to help the company grow.

  8. Independence is not as simple as it sounds. As a director, you may be considered independent for one purpose but not another, and the fact that you qualified as independent in the past does not mean you will in all future situations. It is essential to understand the rules governing direc-tor independence and to be sensitive to the ...

  1. People also search for