Analysis of the Boards in U.S. Firms

• 발행기관: 한국외국어대학교 영미연구소
• 저자명: 이창민(Chang-Min Lee) 강형구(Hyoung-Goo Kang)
• 간행물 정보: 『영미연구』제25집, 281~309쪽, 전체 29쪽
• 주제분류: 어문학 > 영어와문학
• 파일형태: PDF
• 발행일자: 2011.12.31

영문 초록

This paper studies regulations, principles, and trends regarding the duties, structures, and operations of the boards in U.S. to provide implications to Korean firms. Firstly, the boards should have majority of its members as management experts to be the last decision maker. In case of U.S., 66% are retired or ongoing executives. Secondly, the ratio of outside directors is different across different ownership structure in U.S. When CEO holds substantial amount of shares, the proportion of outside directors is shown to be low. Thirdly, regulations proposed by Korea financial institutions guideline about term period of outside director, and the ratio of newly selected outside directors have nothing to do with good corporate governance. The tenure of outside directors in U.S. is not regulated, but determined in the market.

목차

Ⅰ. Introduction

Ⅱ. Boards of Directors in U.S. Firm

Ⅲ. Conclusions

WORKS CITED

Abstract

키워드

지배구조 이사회 사외이사 비율 감사 Corporate Governance Boards Regulation Bank Financial Institution