Title: An Analysis on the Definition of Independent Directors
Abstract: There is divergence about the definitions of the independent director in academia. This article selects three typical definitions and analyse them comparatively, and also explores deeply about the concepts and domains of internal and external directors, executive and in-executive directors. Basing on this study, the definition of independent directors will be in-executive and external directors, who have the status of directors, but do not have a position and relevant income, who have no direct or in-direct profit relationship with corporations, and who are independent and embody the whole profit of shareholders and corporations.
Publication Year: 2004
Publication Date: 2004-01-01
Language: en
Type: article
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