Do Independent Directors Provide a Valuable Service to Shareholders? (FREE for members)
12:00-1:45pm . Having a majority of independent directors on the board is standard in many markets around the world and considered a best practice. The norm is encouraged by international guidelines for corporate governance and recent regulatory initiatives. Despite the widespread view that independent directors are beneficial to shareholder value, direct empirical evidence is scant. In this spotlight session Professor Kasper Meisner Nielsen from HKUST approaches the question from an unusual angle - the sudden deaths of independent directors - and show that independent board members are indeed beneficial to shareholder value. Adding more independent directors to a board is, however, not always beneficial.
Reforms of corporate boards should therefore aim at optimizing board effectiveness, rather than meeting global best practices. About MSGF: The Master of Science in Global Finance (MSGF) Program is a one-year executive-format master degree program, jointly offered by the Business School of Hong Kong University of Science & Technology (HKUST) and the Stern Business School of New York University (NYU Stern) since 2007.
The program offers specialized and up-to-date finance training to senior executives and finance professionals. Classes meet every 4 to 6 weeks in three world cities (Hong Kong, New York and Shanghai). Graduates earn one joint master degree and are affiliated with alumni networks of both universities. First 15-20 minutes is for networking Sandwiches & beverages included
*Register NOW for special rates* Pre-registration: Member: Complimentary Non-Member: HK$100
Walk-in: Member: HK$100 Non-Member: HK$180 Sponsored by
FREE for members
The American Chamber of Commerce in HK 1904 Bank of America Tower 12 Harcourt Road Central, Hong Kong