https://www.scmp.com/rss/519725/feed Lake Wang is a research manager at the Asian Corporate Governance Association. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com The high-profile collapse of China Evergrande and Country Garden’s struggle to stay afloat share a notable but often overlooked similarity. Both companies’ independent directors were excessively tenured, having served on their boards for up to 13 and 16 years. One of their independent directors was a prolific board member, sitting on 18 listed company boards. With relaxed standards on independence, it is doubtful that these boards’ lack of sufficient oversight was a mere coincidence. It is thus... https://www.scmp.com/opinion/hong-kong-opinion/article/3277913/are-hong-kong-companies-ready-truly-independent-boards?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3277913/are-hong-kong-companies-ready-truly-independent-boards?utm_source=rss_feed Wed, 11 Sep 2024 08:30:09 +0000