Enhancing Board Effectiveness

13Director’s Selection, On-Boarding and Disqualification Process

Chris Ogbechie

Introduction

The notion of corporate governance has continued to attract considerable attention both at the national and international level and is always at the top of the agenda of global corporate discourse. Companies play a significant role in society by creating wealth, providing employment, paying taxes and generating investment returns. In fact, some of the world’s biggest companies have market capitalizations larger than the gross domestic product of some nations (ICAEW, 2011). The concept of corporate governance has therefore grown rapidly during the last decade, prompted by crises associated with Enron, WorldCom and other corporate scandals (Ibrahim ...