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Japan Inc looking for advice from outsiders

Japanese companies are scrambling to fill thousands of board seats after a new corporate governance code went into effect this month, calling on publicly traded firms to name at least two independent directors within half a year of their next

Posted in General Issues Tagged with: , , ,

Independent Directors: International best practices and the way forward

In the past couple of weeks, we have been discussing different issues pertaining to independent directorship. The importance of independent directors in modern companies is certainly not in doubt. Also clear is the fact that they are instrumental in the

Posted in Corporate Governance Tagged with: , , ,

Independent Directors: Are there any roles for them?

In continuation of our discussions on independent directors [see here, here and here], this article discusses the fundamental issue of the role of independent directors. The necessity of discussing the role of independent director is predicated on establishing the reason

Posted in Corporate Governance Tagged with: , , , , , , , , ,

Independent Directors: How many should be on a board?

In the past couple of weeks, we have been discussing the inadequacies in the provisions of the corporate governance codes presently in force in Nigeria as far as independent directorship is concerned [see here and here]. [sociallocker] Another issue that

Posted in Corporate Governance Tagged with: , ,

Establishing the independent status of an independent director

In an earlier post last week, it was contended that there are some inadequacies in the independent directorship practice in Nigeria which detract from the utility of having independent directors on boards. [See here] These adequacies of the provisions of

Posted in Corporate Governance Tagged with: , , ,

Eight Engaging Issues for Directors of Listed Companies in Nigeria in 2013

The year 2013 has taken off on full blast. As directors begin to take stock of the outings of their companies in 2012, with a view to improving on their 2012 performance in 2013, it is appropriate to consider those

Posted in Business, Corporate Governance, General Issues, Law Tagged with: , , , , , , , ,

Independent Directors in Nigeria: Myth or Reality?

Independent directors have gained much traction in the corporate governance scene of developed countries. This category of directors, who are not specifically provided for in company statutes, has emerged as the bedrock of sound corporate governance entrenchment in companies. This

Posted in Corporate Governance Tagged with: , , ,