Independent Directors in Indian Companies

Authors

  • Subhash Chandra Das HPC Ltd. Kolkata

DOI:

https://doi.org/10.33516/maj.v50i9.89-91p

Abstract

For the first time ever, the Companies Act and SEBI, have Recognised the importance of independent directors and Have clearly defined the criteria for designating such a Director as a board member. Over the last four decades, corporate boardrooms in many developed and developing countries including India, have witnessed a remarkable growth in the power of independent directors. Regulatory reforms have been passed not only to make sure that boards have adequate number of independent directors but also to provide them a structure to make it possible for them to monitor corporate affairs more effectively.

Downloads

Download data is not yet available.

Published

2015-09-01

How to Cite

Das, S. C. (2015). Independent Directors in Indian Companies. The Management Accountant Journal, 50(9), 89–91. https://doi.org/10.33516/maj.v50i9.89-91p

Issue

Section

Companies Act