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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
 

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Pre-registration:
Member: Complimentary
Non-Member: HK$100
 
Walk-in:
Member: HK$100
Non-Member: HK$180
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Location

The American Chamber of Commerce in HK
1904 Bank of America Tower
12 Harcourt Road

Central, Hong Kong

http://bit.ly/AmChamOffice

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