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Proficiency of independent directors: an Indian corporate governance perspective
International Journal of Organizational Analysis Pub Date : 2024-01-15 , DOI: 10.1108/ijoa-08-2023-3894
Shinu Vig

Purpose

Independent directors (IDs) in India are required to qualify for the online proficiency self-assessment test to acquire or retain their position on the corporate boards. The purpose of this paper was to examine the perceived positive and negative aspects of the new mandate for the overall quality of corporate boards in India.

Design/methodology/approach

This study used a qualitative methodology and applied the interpretative phenomenological analysis approach. Data was collected from board members using semi-structured interviews.

Findings

This study revealed the positive and negative perceived aspects of the mandatory policy prescription of proficiency test for IDs. It was found that the participants emphasized training and mentoring programs for the IDs.

Practical implications

Drawing upon the actual board experiences of the participants, this study has the potential to assist policymakers in making regulations that are more effective in enhancing the quality of corporate boards. The example of action taken as well as the criticism or positive aspects pointed out can generate interest in other legislators.

Originality/value

The concept of proficiency test for IDs is unique to India. A review of literature did not reveal the existence of any regulatory provisions for a mandatory uniform test for examining the proficiency of IDs, in any corporate law jurisdiction apart from India.



中文翻译:

独立董事的熟练程度:印度公司治理的视角

目的

印度的独立董事 (ID) 必须有资格参加在线能力自我评估测试,才能获得或保留在公司董事会的职位。本文的目的是探讨印度公司董事会整体质量新规定的积极和消极方面。

设计/方法论/途径

本研究采用定性方法并应用解释现象学分析方法。通过半结构化访谈从董事会成员那里收集数据。

发现

这项研究揭示了身份证能力测试强制性政策规定的积极和消极认知方面。结果发现,参与者强调了针对 ID 的培训和指导计划。

实际影响

根据参与者的实际董事会经验,这项研究有可能帮助政策制定者制定更有效地提高公司董事会质量的法规。所采取行动的例子以及指出的批评或积极方面可以引起其他立法者的兴趣。

原创性/价值

身份证能力测试的概念是印度独有的。文献综述并未揭示除印度以外的任何公司法司法管辖区是否存在任何用于检查 ID 熟练程度的强制性统一测试的监管规定。

更新日期:2024-01-13
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