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1 results

  • 4 - Constituency Directors

  • Ernest Lim, National University of Singapore
  • Book:
    Sustainability and Corporate Mechanisms in Asia
    Published online:
    13 March 2020
    Print publication:
    02 April 2020, pp 142-169

  • 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.