F
Independent Non-Executive Directors = No shares, Not an employee
I didn't think that it was requirement of an independent director not to hold shares?
I assumed it was not a former employee or someone who was not trading with the company.
It's pretty new terminology. I'm taking a course in corporate governance at the moment.
It's not a legal term but then that's been the problem with Corporate Governance for the last couple of decades, to much letter and not enough spirit of the law.
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