Sentence examples for directors independence from inspiring English sources

Disney defined its directors' "independence" in a way which prevented the really independent ones (Mr Gold and Roy Disney, nephew of founder Walt, who also resigned this week) from serving on important board committees, leaving weighty matters such as Mr Eisner's salary in the hands of his cronies.

The U.S. market is not subject to such a requirement and only a small minority of investors in the market change directors' independence status based on tenure alone.

Recently, directors' independence led to the ouster of the incumbent chairman or the CEO at Morrison Knudsen, W.R. Grace, and Kmart.

Mr. Davis also defended the directors' independence, saying they had no financial ties, as well as the credibility of the company's investigation.

The rules were intended to "provide investors with greater information to assess the directors' independence," said Paul F. Roye, the S.E.C.'s director for investment management.

The fund, known as Calpers, questioned the directors' independence and the roles they played on the audit committee of AOL Time Warner.

Unconscious bias and the limits of director independence / Antony Page.

Director independence has been pushed by institutional investors, exchanges, and also government regulators.

Third, our study contributes to the literature studying the link between director independence and information cost.

"Today, under director independence rules, it would ensure that the bank would be locked out.

The current study challenges suppositions that equate director stock ownership with improved financial reporting and higher corporate governance quality, and it provides evidence that increased transparency is beneficial when director compensation plans threaten director independence.