Independent Directors in Asia: A Historical, Contextual and Comparative Approach (Cambridge series on International Corporate Law and Financial Market Regulation)
The rise of the independent director in Asia is an issue of global consequence that has been largely overlooked until recently. Less than two decades ago, independent directors were oddities in Asia's boardrooms. Today, they are ubiquitous. Independent Directors in Asia undertakes the first detailed analysis of this phenomenon. It provides in-depth historical, contextual and comparative perspectives on the law and practice of independent directors in seven core Asian jurisdictions (China, Hong Kong, India, Japan, Singapore, South Korea, Taiwan) and Australia. These case studies reveal the varieties of independent directors in Asia, none of which conform to its original American concept. The authors develop a taxonomy of these varieties, which provides a powerful analytical tool for more accurately understanding and effectively researching independent directors in Asia. This new approach challenges foundational aspects of comparative corporate governance practice and suggests a new path for comparative corporate governance scholarship and reform.
Provides in-depth analysis of the independent director in seven of Asia's leading economies, appealing to comparative corporate governance scholars, regulators and lawyers with an interest in Asia, but who experience difficulty accessing primary sources.
A concise overview of the developments concerning independent directors in Asia, avoiding the need for detailed research in different languages and jurisdictions, external resources for extra information or translating materials into English.
Integrates the largely overlooked story of the independent director in Asia into this critically important corporate governance debate, providing a new perspective on how to conduct comparative corporate law and governance research for scholars and students interested in this growing field of study.
