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Corporate governance

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Corporate governance

  • This topic has 1 reply, 2 voices, and was last updated 10 months ago by Kim Smith.
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  • June 18, 2024 at 4:34 pm #707393
    krrish2005
    Participant
    • Topics: 138
    • Replies: 229
    • ☆☆☆

    Sir it is written in uk corporate governance code that a chair or independent ned should not be for more than 9 years appointed to board since their FIRST APPOINTMENT.

    So for example if a person is currently a chair for 5 years and previously was a independent ned for 4 years…..this means he cannot be chair any longer since it is 9 years since HIS FIRST APPOINTMENT TO THE BOARD.

    June 18, 2024 at 6:21 pm #707405
    Kim Smith
    Keymaster
    • Topics: 132
    • Replies: 8266
    • ☆☆☆☆☆

    Correct.

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