Monthly Archives: December 2015

Sri Lanka needs stronger rules to nominate Independent Directors

Independence cannot be codified through statute or rules, but without rules it’s like ‘survival of the fittest’ for minority shareholders. Like in many countries around the world Sri Lanka also should have better rules to ensure minority shareholders are protected … Continue reading

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How can Independent Directors be non-dependent

The general consensus among general groups of shareholders is that independent directors improve the performance of a company through their objective view of the company’s affairs. However, at individual levels and with reference to many companies there is a consensus … Continue reading

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