Switching from a managing to a monitoring function on the board
VELTE, PATRICK
Switching from a managing to a monitoring function on the board Is a cooling-off period necessary - 2012 - 7-16
This paper addresses the question whether immediately switching frm a managing to a monitoring function within a board is beneficial for a company or whether it should be regulated by a coolig off period. On the one hand, companies have a mutual economic interest in continuously having a person's experience with in the board by switching him directly from a managing to a monitoring function. On the other hand, a cooling-off period may help to reduce the problem that is encountered when aperson monitors processes and strategies which he himself has formaly developed and implemented.
EXECUTIVE MANAGEMENT
658.4
Switching from a managing to a monitoring function on the board Is a cooling-off period necessary - 2012 - 7-16
This paper addresses the question whether immediately switching frm a managing to a monitoring function within a board is beneficial for a company or whether it should be regulated by a coolig off period. On the one hand, companies have a mutual economic interest in continuously having a person's experience with in the board by switching him directly from a managing to a monitoring function. On the other hand, a cooling-off period may help to reduce the problem that is encountered when aperson monitors processes and strategies which he himself has formaly developed and implemented.
EXECUTIVE MANAGEMENT
658.4