The Role of Non-Executive Directors in the Governance of Companies: Reference to the United Kingdom Companies Act 2006

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dc.contributor.authorOjibara H.B
dc.date.accessioned2024-04-26T09:39:06Z
dc.date.available2024-04-26T09:39:06Z
dc.date.issued2013
dc.description.abstractThe relevance of directors especially the non-executive directors is one important issue that has come to light and been in contention especially with the major world companies in the advanced nations. This paper discusses the historical roles of non-executive directors (NEDs) starting with the Cadbury (1992) Code of Best practice and their role in contemporary corporate governance regime. It goes further to examine the managerial and governance functions of the non-executive directors on board, the changes in composition and governance roles brought about by the recent reforms and how these reforms have altered the duties, objectives, composition or incentives of the board. Also, the difficulties faced by non-executive directors in fulfilling their roles and whether the governance reforms are likely to produce significant improvements to the governance of these companies and possible future developments. This paper is based on the UK corporate governance system, but will draw on examples from other jurisdictions for comparative purposes.
dc.identifier.citationOjibara, H.B (2013): The Role of Non-Executive Directors in the Governance of Companies: Reference to the United Kingdom Companies Act 2006. Faculty of Law Journal, Kogi State University. Vol.6 (1); 95-101, Published by Faculty of Law, Kogi State University Anyigba.
dc.identifier.issn2006-6902
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/123456789/12966
dc.language.isoen
dc.publisherKogi State University
dc.relation.ispartofseries6 (1)
dc.titleThe Role of Non-Executive Directors in the Governance of Companies: Reference to the United Kingdom Companies Act 2006
dc.typeArticle

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