The Two-Tier Board Structure: An apt model for New Zealand?
- 76pages
- 3 heures de lecture
Corporate board structures are under scrutiny due to recent global corporate scandals, particularly in the U.S., where current systems have failed to ensure adequate management oversight. This thesis explores the potential benefits of adopting the German two-tier board system, which has been praised for its effectiveness in monitoring management. With the European Union allowing corporations to opt for this structure, and countries like France and the Netherlands promoting it for larger companies, the thesis argues for a shift towards this model to restore investor confidence in the securities market.
