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Board Member Nomination and Election

image of Board Member Nomination and Election

This report addresses the corporate governance framework and company practices that determine the nomination and election of board members. It covers some 26 jurisdictions  including in-depth reviews of four jurisdictions: Indonesia, Korea, the Netherlands and the United States.

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Assessment and recommendations

Apart from the appointment of a senior management team including the CEO, the next most crucial event for a company is the nomination and election of its board members. Indeed, these two events are interdependent in a critical manner, depending in part on the ownership structure of the company. This peer review deals with how boards are nominated and elected. Four jurisdictions are examined by an in-depth review – Indonesia, Korea, the Netherlands and the United States. Twenty two participating jurisdictions in the Committee have provided more general background information. As in the past peer reviews, the objective is to:

English

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