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Exploring the motives of appointing independent directors

Abdullah , Shamsul Nahar and Zainal Abidin , Nor Hafizah and Abu Bakar, Intan Suryani (2016) Exploring the motives of appointing independent directors. Procedia - Social and Behavioral Sciences, 219. pp. 26-32. ISSN 1877-0428

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Abstract

The aim of this study is to examine the views of chairman and members of nomination committee on motives in appointing an independent director in Malaysian public listed companies. Semi-structured interview was used and 21 directors were interviewed. The results indicate that independent directors were expected to execute their monitoring role, exercise unbiased judgment in questioning decisions made and safeguard balance of power between the board and management. In addition, the respondents believe that independent director should utilize their capacity from related background, expertise and experience in board meeting discussion in addressing issues or risks and making relevant suggestions.

Item Type: Article (Journal)
Additional Information: 6708/51437. Conference is in IREP no. 47509
Uncontrolled Keywords: Non-executive directors; Corporate governance; Role; Malaysia
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Kulliyyahs/Centres/Divisions/Institutes: Kulliyyah of Economics and Management Sciences > Department of Accounting
Depositing User: Dr Nor Hafizah Zainal Abidin
Date Deposited: 09 Aug 2016 11:02
Last Modified: 09 Aug 2016 11:02
URI: http://irep.iium.edu.my/id/eprint/51473

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