Book contents
- Reviews
- Sustainability and Corporate Mechanisms in Asia
- International Corporate Law and Financial Market Regulation
- Sustainability and Corporate Mechanisms in Asia
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Acknowledgements
- Abbreviations
- 1 Introduction and Overview
- 2 Sustainability Reporting
- 3 Board Gender Diversity
- 4 Constituency Directors
- 5 Stewardship Codes
- 6 Directors’ Duty to Act in the Best Interests of the Company
- 7 Liability of Companies, Shareholders and Directors
- 8 Conclusion
- Book part
- Bibliography
- Index
4 - Constituency Directors
Published online by Cambridge University Press: 13 March 2020
- Reviews
- Sustainability and Corporate Mechanisms in Asia
- International Corporate Law and Financial Market Regulation
- Sustainability and Corporate Mechanisms in Asia
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Acknowledgements
- Abbreviations
- 1 Introduction and Overview
- 2 Sustainability Reporting
- 3 Board Gender Diversity
- 4 Constituency Directors
- 5 Stewardship Codes
- 6 Directors’ Duty to Act in the Best Interests of the Company
- 7 Liability of Companies, Shareholders and Directors
- 8 Conclusion
- Book part
- Bibliography
- Index
Summary
This chapter critically assesses two models of constituency directors – the more well-known German model of co-determination and the Indian version – with a view to determining whether the common law Asian jurisdictions should adopt constituency directors as a mechanism to promote sustainability. The term ‘constituency directors’ is understood here to mean either that the directors are appointed by certain stakeholders to advance their interests or that the directors, while appointed by shareholders, are specifically required under the law to promote the interests of stakeholders.
- Type
- Chapter
- Information
- Sustainability and Corporate Mechanisms in Asia , pp. 142 - 169Publisher: Cambridge University PressPrint publication year: 2020