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Latest Breaking News On - Ong kong does poorly by comparison on several measures amp nbsp individuals appointed to boards as ineds are expected exercisea high level of independence in thinking and not be biased or controlled company executives major shareholders their duty is challenge counterbalance the management - Page 1 : comparemela.com

Hong Kong falls short - ANALYSIS - Magazine | Asia Asset Management

Olympic records are a matter of pride. Some records in corporate governance are of more questionable value. The current record holder among independen.

Hong kongUnited kingdomAsia pacificHong kong listedHong kong exchangesIndependent directorsNew york listedCorporate governance codeOnly japanOlympic records area matter of pride some in corporate governance are more questionable value the current record holder among independent non executive directors ineds on boards hong kong listed companies has been same board for 47 years he beena director since 1974 and an ined 2000 this person is 92 oldHich means he has been serving on the board for more than half his life so can be considered truly independent long tenures tend to make ineds overly comfortable in their rolesOzy with managementNd unwilling to rock the boat data from hong kong exchanges and clearing hkex shows that there are 214 ineds with tenures of 20 years or more among 8552 such positions in companies listed on the bourse is just one of several issues that cast doubt level independence individuals bring to boards hong kongNd the state of corporate governance in city cfa institute amp rsquos reportNdependent directors in asia pacific

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