Optimal Board Structure: Is The One-Tier Model Inevitable?
Location: Hotel Okura, Amsterdam
What makes a board of directors (supervisory board) effective, and what should be its precise role?
Boards face increasing pressures from shareholders, massive compliance responsibilities, particularly in exchange listed companies, yet need to encourage entrepreneurial decision making. And given the ever louder presence of shareholders, can other interests in the corporation be adequately taken into account? What do these ‘mushrooming' responsibilities imply for the functioning and structure of the supervisory board? Does it have implications for the often-applauded two-tier Dutch model? Can the supervisory board remain at a distance? Or will it be drawn closer and closer to the corporation?
Keynote speaker is professor Bernard S. Black, currently the Hayden W. Head Regents Chair and Professor of Law at the University of Texas Law School, one of the world's preeminent experts on corporate governance and board effectiveness. Formerly dr. Black was on the faculty of the Stanford Law School (1998-2004) and Columbia Law School (1988-1998). He has been an advisor on company law, securities law, and corporate governance to several governments including the governments of Brazil, Indonesia and Russia. His books include The Law and Finance of Corporate Acquisitions and Guide to the Russian Law on Joint Stock Companies
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