The board of directors

For corporate governance in Asia, the composition, function and operation of the board of directors of a public company has always possessed a peculiar fascination. In probably no other region of the world, even in the US, does the prestige of being such a director stand so high. Joining the board of directors of a company remains the career objective of many Asians, despite the objective of many governments in the region to replace this with an entrepreneurial inclination. Most respondents to surveys in Asia indicate that the board of directors constitutes the most important instrument in Asian corporate governance.