Question

write a note on independent director

Answer 1

Answer:

Hello mate ✌️

Explanation:

Independent director

DescriptionAn independent director is a director of a board of directors who does not have a material or pecuniary relationship with company or related persons, except sitting fees. In the US, independent outsiders make up 66% of all boards and 72% of S&P 500 company boards, according to The Wall Street Journal.

hope it will be helpful to you ✌️✌️

itz Essar 03 ❤️

Answer 2

❣❣heya!❣❣

✔Independent director. ... An independent director (also sometimes known as an outside director) is a director (member) of a board of directors who does not have a material or pecuniary relationship with company or related persons, except sitting fees.

✔As per clause 49 of the listening agreement, an independent director is a non-executive director who does not have any pecuniary relationship with the company, its promoters, senior management or affiliate companies, is not related to promoters or the senior management, and/or has not been an executive with the company.

✔Independent directors act as a guide to the company. Their roles broadly include improving corporate credibility and governance standards functioning as a watchdog, and playing a vital role in risk management. Independent directors play an active role in various committees set up by company to ensure good governance.

✍ please mark it as brainlist answer✍