南非与国际司法管辖区董事任期的比较分析

IF 0.1 Q4 LAW
Rehana Cassim
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引用次数: 1

摘要

董事任期在全世界引起关注,并越来越被认为是评估外部(独立非执行)董事独立性的关键因素。董事任期最近在南非受到关注。股东活动人士表示不赞成上市公司董事会董事任期过长,并向长期任职的董事施加辞职压力。本文考察了南非规范董事任期的公司治理原则是否充分或需要修订。本文进一步研究了英国、马来西亚、新加坡、香港和印度等主要司法管辖区最近修订了公司治理实践的公司治理实践。然后,它提出了加强南非董事任期公司治理方法的建议。它还呼吁董事与股东和独立外部专家合作,审查他们的董事任期方法,并在情况允许的情况下,修订公司的公司章程,以限制董事任期或规定董事会董事交错轮换。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
A Comparative Analysis of Director Tenure in South Africa and Selected International Jurisdictions
Director tenure attracts attention worldwide and is increasingly being recognised as a crucial element in assessing an external (independent non-executive) director’s independence. Director tenure has recently come under the spotlight in South Africa. Shareholder activists are expressing disapproval of lengthy tenures of directors serving on boards of listed public companies and exerting pressure on long-serving directors to resign from office. This article examines whether the South African corporate governance principles regulating director tenure are adequate or in need of revision. The article examines further the corporate governance practices in leading jurisdictions such as the United Kingdom, Malaysia, Singapore, Hong Kong, and India that have recently revised their corporate governance practices. It then makes recommendations for enhancing the South African corporate governance approach to director tenure. It also calls on directors to collaborate with shareholders and independent external experts to examine their approach to director tenure and, if circumstances allow, revise the company’s memorandum of incorporation to limit directors’ tenure or provide for a staggered rotation of directors on the board.
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