Blog Archives

Corporate Governance RoundUp

Corporate governance and decision making With the recent turmoil within the Board and management of India’s top corporations, most notably TATA Sons and Flipkart, it would behoove India company founders to better understand legal issues relating to corporate governance, roles

Posted in Corporate Governance, General Issues

Financial Reporting Council of Nigeria releases draft National Code of Corporate Governance

The Financial Reporting Council of Nigeria has released the National Code of Corporate Governance for comments from stakeholders with effect from 15th April, 2015. Comments, which are expected to be in writing, are to be addressed to the Executive Secretay/Chief

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Kindle Book on Independent Directors now available for free download at Amazon

In a recent article, it was indicated that plans are being concluded to make the Kindle book titled, Independent Directors: 111 Frequently Asked Questions Aptly Answered, available for FREE download at the Amazon website. This arrangement has been concluded and

Posted in Business, Corporate Governance, Law

Frequently Asked Questions on Independent Directors

In modern times, independent directors seem to hold all the aces as far as the institutionalisation of the tenets of good corporate governance in companies is concerned. The increasing prominence given to independent directors in contemporary corporate governance codes bears

Posted in Business, Corporate Governance

Women on Boards: Interesting FTSE 100 and FTSE 250 statistics

There are some interesting developments regarding women on boards on FTSE 100 and FTSE 250 companies since February 2011 when Lord Davies issued the Women on Boards report. According to a recent report by Professional Boards Forum BoardsWatch, there has been

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Call For Papers: Board Diversity

A Special Issue and Dutch Central Bank/CGIR Workshop – Board Diversity Keynote Speakers: Ruth Aguilera, University of Illinois at Urbana-Champaign Daniel Ferreira, London School of Economics and Political Science December 19th – 20th, 2013, Dutch Central Bank, Amsterdam OVERVIEW: Board

Posted in Academics and Scholars, Corporate Governance Tagged with: , , , ,

New Corporate Governance Code: Feedback Required

Trinidad and Tobago is on course for a new National Corporate Governance Code. A draft of the code is now available online and open for public comment. According to the Chief Executive Officer (CEO) of the Trinidad and Tobago Stock

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Benefits of Lawyer-Directors on the Boards of Companies

Undoubtedly, board composition is a crucial element of firm value. This understanding underscores the importance of recent studies regarding board composition and the performance of companies. Recently, we drew attention to research findings on the impact of academics in boardrooms

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Impact of Professors in the Boardroom: Why I have to be a professor!

A recent paper which seemingly is the first to focus entirely on the impact of academic directors on corporate governance and firm performance has come up with very interesting results. The paper titled “Professors in the Boardroom and their Impact

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Code of Corporate Governance in Nigeria 2011 and International Best Practices on Corporate Governance: Directors’ remuneration

Company law statutes generally provide for the remuneration of directors. Also relevant in respect of directors’ remuneration is the Articles of Association of the company concerned. Apart from the provisions of the statute on directors’ remuneration, it is a common

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External Auditors and the Codes of Corporate Governance in Nigeria

The importance of the external auditors seems to be well-appreciated in Nigeria. Of the four corporate governance codes presently in force in Nigeria, three of them have provisions regarding external auditors. The only corporate governance code without any provision on

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Code of Corporate Governance in Nigeria 2011 and International Best Practices on Corporate Governance: Disclosure and transparency

The twin principles of disclosure and transparency are fundamental to corporate governance. They constitute some defining essence of corporate governance. Unsurprisingly therefore, it is common practice for contemporary codes of corporate governance to ensure that these issues are adequately provided

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