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Directors in the hot seat.(corporate governance )
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European Business Forum
- Article date:
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January 1, 2005
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Copyright informationCOPYRIGHT 2005 Caspian Publishing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The role of directors in public companies is one of the most controversial issues in corporate governance. Before an audience of company directors and investors in London in November, Dechert LLP, the international law firm, organised a debate to air two sides of the argument. EBF was media partner in the event. The proposition was: "The governance of a public company is too serious to be left to its directors."
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IN FAVOUR OF THE MOTION ...
George Dallas chose a chain with three links as a metaphor for a system of governance. On one end of the chain is management, on the opposite end are the shareholders. The middle link represents the company's ...
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