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Title | Key issues of British reforms of corporate governance in financial crisis: the board issue |
Other Titles |
Ключові моменти реформ корпоративного управління Великої Британії в умовах кризи: аспекти ради директорів |
Authors |
Oleshchuk, M. G.
Ruban, O. A. Kostiuk, Oleksandr Mykolaiovych |
ORCID | |
Keywords |
Board of Directors corporate governance reforms Great Britain crisis рада директорів реформи корпоративного управління Великобританія криза |
Type | Article |
Date of Issue | 2010 |
URI | http://essuir.sumdu.edu.ua/handle/123456789/50918 |
Publisher | |
License | |
Citation | Kostyuk, A. Key issues of British reforms of corporate governance in financial crisis: the board issue [Text] / A. Kostyuk, M. Oleschuk, O. Ruban // Corporate Ownership and Control. – Special Conference issue The First Annual Online International Conference on Corporate Governance and Regulation in Banks, Sumy, Ukraine, May 27-June 2, 2010. - P. 6-16. |
Abstract |
Since the 1990s various reports on corporate governance issues were considered the general aspects about the role played by non-executive directors. In 2002 Higgs and in 2009 Walker specified a fixed number of days a non-executive director should devote to their duties on the board. The purpose of this paper is to account the non-executive director’s time commitment. We identify workload of non-executive directors in hours per year. This paper considers the role of non-executive directors as part of corporate governance structures based on Anglo-Saxon system (unitary board and two-tier board system). This paper presents a study of the improvement workload of non-executive director in Ukrainian banks. In this study we provide evidence of necessity to develop Code of Corporate Governance for Ukrainian banks. Стаття містить опис реформ в області корпоративного управління, впроваджених у Великобританії в час кризи. Окрім того в статті підкреслюється важливість незалежних директорів в раді, та необхідність посилення їх позицій в українських компаніях. |
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Наукові видання (ННІ БТ) |
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File | Size | Format | Downloads |
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Oleshchuk_Ruban_Kostiuk.pdf | 1,02 MB | Adobe PDF | -411447794 |
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