Taiwan’s corporate governance stance to shield shareholders

Author: | Published: 11 May 2011

Taiwan’s regulators are scrambling to protect minority shareholder’s rights in light of recent merger activity in the country.

The new corporate governance rules regarding independent directors come at a time when Taiwan’s Financial Supervisory Commission (FSC) is paying more attention to conflicts of interest and breaches of fiduciary duties resulting from leveraged buyouts (LBO).

"Interested directors must be excluded from voting, and an Independent Review...