...
  • 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>British Journal of Management >How Independent, Competent and Incentivized Should Non-executive Directors Be? An Empirical Investigation of Good Governance Codes
【24h】

How Independent, Competent and Incentivized Should Non-executive Directors Be? An Empirical Investigation of Good Governance Codes

机译：非执行董事应如何独立，称职和激励？善治守则的实证研究

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

There is a commonly held conviction among governance scholars and practitioners that increasing the number of non-executive directors may have beneficial effects on board practices. This view has gained momentum after each wave of scandals. Given the relevance of the issue in governance studies and practices, the aim of this paper is to investigate how independent, competent and incentivized non-executive directors should be according to governance scholars and board best practices. To answer this question, we conducted a review of the literature on non-executive directors. We then collected corporate governance codes developed worldwide at the end of 2005, and made a comparative analysis of their recommendations about the independence, the competencies and the incentives of non-executive directors. Our results show that (i) nonexecutive directors' independence is a commonly recommended governance practice, the meaning of which differs widely among countries; (ii) non-executive directors' competencies and incentives are not considered a governance issue to be regulated in detail; (iii) agency theory and the search for appropriate board demography tend to dominate the recommendations of governance literature and codes. Our findings have implications for both research and practice.
机译：治理学者和实践者普遍认为，增加非执行董事的人数可能会对董事会实践产生有益影响。在每次丑闻浪潮过后，这种观点变得势头强劲。考虑到该问题在治理研究和实践中的相关性，本文的目的是研究根据治理学者和董事会最佳实践应如何独立，称职和受激励的非执行董事。为了回答这个问题，我们对非执行董事的文献进行了回顾。然后，我们收集了2005年底在全球范围内制定的公司治理准则，并对它们关于非执行董事的独立性，能力和激励措施的建议进行了比较分析。我们的结果表明：（i）非执行董事的独立性是普遍推荐的治理惯例，其含义在不同国家之间存在很大差异; （ii）非执行董事的能力和激励不被视为需要详细监管的治理问题; （iii）代理理论和寻求适当的董事会人口统计往往会主导治理文献和法规的建议。我们的发现对研究和实践都有影响。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号