Question 1
a) According to the National article, the “inextricable link” highlighted was the link that existed between the independence of the board and good corporate governance.
b) According to the National article, financial, legal and future mergers are the areas that really need independence even on a small executive board. The reason why it is very essential to have independence even on a small scale is because it would be quite expensive to bring in a person as a full employee in those areas.
c) In accordance with the 2010 UK Corporate Governance Code, except for smaller companies, at least half of the board, excluding the ...