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Governance

Forums › ACCA Forums › General ACCA Forums › Governance

  • This topic has 4 replies, 5 voices, and was last updated 13 years ago by AvatarAnonymous.
Viewing 5 posts - 1 through 5 (of 5 total)
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    Posts
  • September 29, 2012 at 4:22 pm #54557
    Avatarmagoyadaniel
    Member
    • Topics: 1
    • Replies: 7
    • ☆

    can one person non executive director be involved in audit committee, nomination committee as well as remuneration committee at the same time?

    October 3, 2012 at 9:28 am #105325
    Avatarkarmuks
    Member
    • Topics: 29
    • Replies: 108
    • ☆☆

    i would say no,but its just my opinion

    October 9, 2012 at 10:53 pm #105326
    AvatarPinkfernleaf
    Member
    • Topics: 1
    • Replies: 8
    • ☆

    My argument is NED is an independent director and as long as they are no crossed-directorship he/ she can be participated in the three committees that you are mentioned above. Otherwise, it will be an additional bureaucracy costs for recruiting different NEDs for the committees.

    October 12, 2012 at 7:10 am #105327
    AvatarAnonymous
    Inactive
    • Topics: 0
    • Replies: 1
    • ☆

    I agree with Pinkfernleaf. There are no reasons to refuse his/her participance in all three committees until he/she keeps his/her independence (not involved in executive activities).

    October 15, 2012 at 6:31 am #105328
    AvatarAnonymous
    Inactive
    • Topics: 0
    • Replies: 8
    • ☆

    What i see in practice is that due to constraint in finding NED, they are often involved in all committee but may only lead ( chairman) 1 of the committee at any given time.

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