2015 | OriginalPaper | Buchkapitel
Non-executive Independent Directors in Corporate Governance of the Italian Banks and Listed Companies
verfasst von : Domenico Siclari
Erschienen in: Italian Banking and Financial Law
Verlag: Palgrave Macmillan UK
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Given the close correlation between corporate governance and financial stability, shown by the 2007–2008 great financial crisis, new corporate governance rules for banks and financial intermediaries aim to regulate the composition of company boards. It is now required, in particular, the appointment of non-executive independent directors to define and solve the problem of board loyalty, especially in cases of conflicts of interest.