Key issues of British reforms of corporate governance in financial crisis: the board issue

Oleshchuk, M. G.; Ruban, O. A.; Kostiuk, Oleksandr Mykolaiovych

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Title	Key issues of British reforms of corporate governance in financial crisis: the board issue
Other Titles	Ключові моменти реформ корпоративного управління Великої Британії в умовах кризи: аспекти ради директорів
Authors	Oleshchuk, M. G. Ruban, O. A. Kostiuk, Oleksandr Mykolaiovych
ORCID
Keywords	Board of Directors corporate governance reforms Great Britain crisis рада директорів реформи корпоративного управління Великобританія криза
Type	Article
Date of Issue	2010
URI	http://essuir.sumdu.edu.ua/handle/123456789/50918
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Citation	Kostyuk, A. Key issues of British reforms of corporate governance in financial crisis: the board issue [Text] / A. Kostyuk, M. Oleschuk, O. Ruban // Corporate Ownership and Control. – Special Conference issue The First Annual Online International Conference on Corporate Governance and Regulation in Banks, Sumy, Ukraine, May 27-June 2, 2010. - P. 6-16.
Abstract	Since the 1990s various reports on corporate governance issues were considered the general aspects about the role played by non-executive directors. In 2002 Higgs and in 2009 Walker specified a fixed number of days a non-executive director should devote to their duties on the board. The purpose of this paper is to account the non-executive director’s time commitment. We identify workload of non-executive directors in hours per year. This paper considers the role of non-executive directors as part of corporate governance structures based on Anglo-Saxon system (unitary board and two-tier board system). This paper presents a study of the improvement workload of non-executive director in Ukrainian banks. In this study we provide evidence of necessity to develop Code of Corporate Governance for Ukrainian banks. Стаття містить опис реформ в області корпоративного управління, впроваджених у Великобританії в час кризи. Окрім того в статті підкреслюється важливість незалежних директорів в раді, та необхідність посилення їх позицій в українських компаніях.
Appears in Collections:	Наукові видання (ННІ БТ)