outside director


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outside director

n
(Commerce) a director of a company who is not employed by that company but is often employed by a holding or associated company
References in periodicals archive ?
Korea adopted the outside director system in 1992 to keep chief executives and large shareholders from making unilateral decisions that run against a company's interests.
The Company has established the Compensation Committee with an Outside Director as its Chairperson, to serve as an advisory organization for the Board of Directors to ensure the appropriateness of Directors' compensation, etc.
In order to determine the values for our independent variables, we first mapped out the social networks of the outside directors and then computed the centrality measures for each outside director within their social network.
With regard to board involvement, the study focuses on the impact of outside director representation on the board together with the level of equity ownership of directors.
You can, as an outside director, feel that you've made a contribution to the company, to the shareholders and to the capital markets by being part of a well-functioning, effective board.
For Washington's political elite, the once popular and profitable opportunity to serve as an outside director may be losing its appeal.
Parker has served on the board since 1992 as an outside director.
Almost two years ago, an ARMA Board member contacted me to see if I was interested in being considered for one of ARMA's first outside Director positions.
We define an outside director as a board member whose only relationship with the firm involves their directorship (Byrd and Hickman, 1992).
Arima said he has informed Iwao Nakatani, an economics professor at Hitotsubashi University, that he would not be permitted to concurrently serve as an outside director for Sony Corp.