Twenty-third International Conference on Knowledge, Culture, and Change in Organizations

Abstract

Corporate governance is essential for the survival and growth of organizations in all countries. The sphere of corporate governance has led to various reforms aimed at strengthening practices. The inclusion of independent directors has had varying effects on governance among the board of directors. This study provides insight on.this nexus within a developing country using literature review and regulatory policies. It is observed that independency of independent directors is influenced by push and pull factors in and outside the organization. Furthermore the performance of independent directors is subsumed in behavioral motivations, years of experience, and prevailing group dynamics among the board of directors.Their activities have had diverse effect on organizations.