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Author:Long, T.
Dulewicz, V.
Gay, K.
Title:The role of the non-executive director: findings of an empirical investigation into the differences between listed and unlisted UK boards
Journal:Corporate governance
2005 : SEP, VOL. 13:5, p. 667-679
Index terms:Board of directors
Corporate governance
Non-executive directors
Venture capital
Language:eng
Abstract:This research is based on a comparison of the Combined Code Guidelines for non-executive directors between the boards of listed and unlisted companies. The study suggests that non-executive directors on unlisted boards are involved more in strategic development, financial monitoring, shareholder communication and overall board contribution than on listed boards. However, in listed companies non-executive directors have a higher degree of involvement in management monitoring, executive remuneration planning, hiring and removing executives, and succession planning.
SCIMA record nr: 259122
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