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Non‐executive directors and the Higgs consultation paper, ‘Review of the role and effectiveness of non‐executive directors’

Non‐executive directors and the Higgs consultation paper, ‘Review of the role and effectiveness... This paper has the objective of reflecting on the role of non‐executive directors (NEDs) in the corporate governance process. The paper reviews the role of NEDs both from an academic perspective and from the perspective of the lead author’s practical experience of being (having been) a chairman, a chief executive and a NED on the boards of private and public companies. In addition to taking an overview of the main issues involved the paper comments on the specific issues raised in the Department of Trade and Industry (DTI) review of the role and effectiveness on NEDs by Derek Higgs. Finally, the paper offers conclusions and recommendations for improving the effectiveness of NEDs. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Financial Regulation and Compliance Emerald Publishing

Non‐executive directors and the Higgs consultation paper, ‘Review of the role and effectiveness of non‐executive directors’

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Publisher
Emerald Publishing
Copyright
Copyright © 2002 MCB UP Ltd. All rights reserved.
ISSN
1358-1988
DOI
10.1108/13581980210810346
Publisher site
See Article on Publisher Site

Abstract

This paper has the objective of reflecting on the role of non‐executive directors (NEDs) in the corporate governance process. The paper reviews the role of NEDs both from an academic perspective and from the perspective of the lead author’s practical experience of being (having been) a chairman, a chief executive and a NED on the boards of private and public companies. In addition to taking an overview of the main issues involved the paper comments on the specific issues raised in the Department of Trade and Industry (DTI) review of the role and effectiveness on NEDs by Derek Higgs. Finally, the paper offers conclusions and recommendations for improving the effectiveness of NEDs.

Journal

Journal of Financial Regulation and ComplianceEmerald Publishing

Published: Dec 1, 2002

Keywords: (NEDs); Department of Trade and Industry

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