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appointing independent non-executive directors. (10 marks) Regarding the question, institutional investors have questioned the JK's remuneration. Therefore, the company decided to appoint independent non- executive
appointing independent non-executive directors. (10 marks) Regarding the question, institutional investors have questioned the JK's remuneration. Therefore, the company decided to appoint independent non- executive directors to prevent JK abuse of power. According to MCCG 2017 practice 4.1, at least half or the majority of the board comprises independent directors. For large companies, the board comprises a majority of independent directors. For example, Tussidex plc is a large company and the board consists of 10 directors, so the number of independent non-executive directors must be 5 and above. According to MCCG 2017 guidance 4.1, board composition should support objective and independent deliberation, review and decision making. A board comprising a majority of Independent Directors allows for more effective oversight of management
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