Required q’ty of NED in the board of Directors under the UK combined code?????

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July 21, 2010 at 3:44 am #44589
huuloc
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from opentuition’s lecture note at page 8 ” . . .not less than one-third of the board comprises NEDs. . .“
from BPP book at page 10 “ . . .NEDs should make up at least half the board. . .“
Which is the appropriate answer?????????????????????????
Thanks.
July 23, 2010 at 4:06 am #63846
huuloc
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Thanks starfish. It is useful . . .
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