Journal article
Independent directors in China and India: A comparative assessment
Helen Wei Hu, On Kit Tam
COMPANY AND SECURITIES LAW JOURNAL | LAWBOOK CO LTD | Published : 2012
Abstract
As the debate on convergence and divergence in corporate governance has received considerable research interest, this study aims to explore whether the recently developed independent director systems in China and India could be characterised as convergent or divergent. More importantly, do the independent directors in these two jurisdictions possess the core governance attributes regarded as essential for performing their governance roles effectively? Based on corporate governance guidelines and codes worldwide, four core attributes are identified as influencing the capacity of independent directors to successfully perform their role. A means test (t-test) is used to compare the attributes o..
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Awarded by Australian Research Council
Funding Acknowledgements
Dr Helen Wei Hu, Lecturer, Faculty of Business and Economics, University of Melbourne; Professor On Kit Tarn, Deputy Pro-Vice-Chancellor (PVC), College of Business, kmrr University. Professor Tam was an independent director in a joint venture fund management company set up by the First State Investment in China. The authors thank the Editor, Paul Ali, and an anonymous reviewer for constructive and helpful comments. This research has been financially supported by a linkage research grant (Linkage Grant No LP0776491) awarded by the Australian Research Council.