1887

n Without Prejudice - Are we moving to a two-tier board structure? : company law

Volume 10, Issue 3
  • ISSN : 1681-178X
USD

 

Abstract

A 'one-fit all' board structure does not exist. Two types of board structures are well known, the unitary (one tier) board structure and the two-tier (dual) board structure. In companies with a unitary board structure, all directors (executive and non-executive) form one board. Companies with a two-tier board structure have two separate boards (a management board and a supervisory board) and separate the management and supervision functions accordingly.

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/content/jb_prej/10/3/EJC49178
2010-04-01
2017-03-26

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