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Strengthening the independence criteria: a comparison of the United Kingdom, Malaysia, Hong Kong and Singapore

Mohd. Sulaiman, Aiman @ Nariman (2010) Strengthening the independence criteria: a comparison of the United Kingdom, Malaysia, Hong Kong and Singapore. International Company and Commercial Law Review, 21 (7). pp. 239-252. ISSN 0958-5214

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Abstract

Since the Asian economic crisis, most Asian countries have carried out reform of their law and regulatory frameworks to address their shortcomings and to prevent a repeat of the economic crisis that some attributed to corporate governance failure. Malaysia, Singapore and Hong Kong have recently revised their applicable corporate governance codes or principles.This discussion provides a comparative study of the differences and similarities in these Codes in relation to: (1) the role of the independent non-executive directors; (2) the independence criteria; and (3) disclosure and verification of the independence criteria. This can be used to provide benchmarking of the applicable rules to counter perceptions of a weak institutional framework on corporate governance.

Item Type: Article (Journal)
Additional Information: 1872/1931
Uncontrolled Keywords: Independence criteria,corporate governance code
Subjects: K Law > K Law (General)
Kulliyyahs/Centres/Divisions/Institutes: Ahmad Ibrahim Kulliyyah of Laws > Department of Civil Law
Depositing User: Prof Aiman Nariman Mohd-Sulaiman
Date Deposited: 06 Sep 2011 17:28
Last Modified: 14 Aug 2018 10:20
URI: http://irep.iium.edu.my/id/eprint/1931

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