A growing number of countries, such as UK and France, have adopted tenure-related guidelines or tenure restrictions for independent directors. Most countries adopt a comply-or-explain approach to regulating tenure recommending a maximum tenure for a corporate director between nine and twelve years. In the United States however, where explicit limits are absent, a recent survey by GMI Ratings, the leading independent provider of global corporate governance and research, shows that 24% of independent directors in Russel 3,000 firms have continuously served in the same firm for fifteen years or more.
On Long-Tenured Independent Directors / Ferrari, Mascia; Bonini, Stefano; Kose, John; Justin, Deng. - (2017).
Data di pubblicazione: | 2017 |
Titolo: | On Long-Tenured Independent Directors |
Autore/i: | Ferrari, Mascia; Bonini, Stefano; Kose, John; Justin, Deng |
Autore/i UNIMORE: | |
Handle: | http://hdl.handle.net/11380/1168471 |
Tipologia | Altro |
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