(Solved):
Why a great emphasis is placed on the inclusion of Independent Directors on the Board of Directors ...
Why a great emphasis is placed on the inclusion of Independent Directors on the Board of Directors in Malaysian Code on Corporate Governance. (5 Marks) Independent directors of a company are often seen as key to a firm's corporate credibility. They are supposed to ensure that execatives ire acting in the best interest of shareholders and help guide and monitor the management of the company. Currently, good corporate practice recommends that the majority of directors on listed company boards should be independent curreniog. some research shows that independent directors may not always be a mitigating influence. particularty if there is a malor distacting ewentis
ANSWER Independentdirectors are important persons to act on behalf of the company's shareholders and to monitor the actions of executive directors and management. The independent directors are believed in the board of companies to act effectively t