However, no significant association is found between inside director
equity and liquidity, a finding that is explained later.
POSCO held a board meeting on January 16th and unanimously carried a resolution to nominate President Oh-joon Kwon as the candidate for CEO, as inside director
He remains a nominee for the board, but the role of CFO would make him an inside director
It is too difficult for an inside director
to function as the subordinate of the chief executive officer every day and then, at a board meeting, become in effect his superior.
Powell, the FMC board of directors will have 10 independent directors with Pierre Brondeau, FMC president, chief executive officer and chairman of the board, as the sole inside director
Given the company's corporate governance issues and because the inside director
nominees by the dissident shareholders are indeed the ones who have managed the company over the years going through the painful restructuring process after the Asian Financial Crisis, as well as the backbone of the company's R&D development, we recommend that shareholders vote for all of the shareholders nominees.
The coefficient signs on the ownership variables indicate that inside director
ownership actually reduces bank performance and affiliated outside director ownership and independent outside director ownership increase bank performance.
Walter, FMC chairman, president and chief executive officer, is the sole inside director
The majority of the loss in number of directors for the forced-turnover (matched-) sample firms occurs within the inside director
group with a 66 (69) percent replacement rate.
14 As an alternative test, we also ran a logit model where the dependent variable was coded 1 if the firm added an independent outside director or removed an affiliated or inside director
during the period.
Wally, an employee, manager and inside director
, thinks of his own self-interest and economic well-being - that is, golden parachutes.
Walter, FMC chairman, president and chief executive officer is the sole inside director