HAWKAMAH LIBRARY
Issue-4
This 4th issue of the Hawkamah Journal focuses on boards and explores board effectiveness in various settings.
Independent” Nominee Directors in International Groups
Most international groups have subsidiaries or affiliates with local partners or shareholders. This may be as a consequence of regulations prohibiting majority ownership by a foreign company, or because the local business was bought from local entrepreneu
WHAT THE MARKET EXPECTS OF CONTROLLING SHAREHOLDERS
Whatever the excitement around a big new flotation, the original shareholders cannot escape the fact that the basic situation has changed. By tapping into other people’s money, they have created a new set of obligations. If they do not honour these, at so
THE “NEW NORMAL” IN BANK GOVERNANCE
The 2007-8 international banking crisis uncovered long-simmering weaknesses in the structure, strategy and governance of global banks.
THE IMPORTANCE OF DIRECTOR DEVELOPMENT IN GROUP COMPANIES
Mubadala has grown at a rigorous pace over the past decade, with interests now spanning the globe, across a number of key sectors. As Mubadala continues to grow, so does the need for effective governance across the portfolio, which consists of over one hu
NOMINEE DIRECTOR FRAMEWORK
Conflicts of interest faced by Nominee Directors continues to be a topic of much discussion in many Boards.
Interview with Sir Michael Rake
Quite obviously a large public company like BT with one million shareholders is totally different from a family owned company. In BT, the whole question of investor communications is a big challenge. It means spending time with your major shareholders, an
GETTING THE COMPOSITION OF THE BOARD RIGHT
The debate over independent directors to manage conflicts of interests on a board and to ensure board objectivity has raised a number of questions about the role of major shareholders.
EVOLV ING THE ROLE OF THE COMPANY DIRECTOR
The role of board director is a key position from the shareholder’s perspective. Shareholders rely on directors to represent their interests and the right to nominate directors is a crucial element in the protection of shareholders’ interests.
BOARDS OF STATE OWNED ENTERPRISES
Boards are chosen by shareholders so that they supervise companies and make sure that strategic objectives of company owners are met. They also have to make sure of the integrity of information coming out of the company and that the company is paying enou