Customer Support : 020-61923200, [email protected] | Call and Trade : 020-61923220
Explanation: An Independent Director is a member of a company’s board of directors who doesn’t have any significant financial ties with the company or its management. Independent Directors are appointed based on their expertise, experience, and ability to provide impartial judgment and oversight of the company’s affairs. They play a crucial role in ensuring transparency, accountability, and ethical governance within the organization.
Example: TCS has 5 independent, non-executive directors. These individuals aren’t involved in TCS’s daily operations but offer impartial guidance and oversight. Their independence helps ensure transparency and boost shareholder confidence in TCS’s decision-making. Independent Directors contribute diverse perspectives and expertise, enhancing corporate governance and the company’s long-term success.
You can view the entire list of Board of Directors for any company on Radar in the Board section.