TITLE

Cross-Border Boards

AUTHOR(S)
Marino, Jonathan
PUB. DATE
August 2010
SOURCE
Mergers & Acquisitions Report;8/9/2010, Vol. 23 Issue 32, p33
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article examines the practice of appointing foreigners to the board of directors of several companies. In June 2010, the Gap named Katherine Tsang to its board in line with its opening of its first retail outlet in China in 2009. According to an April 2010 research, 13% of firms select foreigners to their board to reflect their global initiatives. Ron Dersch, president of Canadian middle-market bank DAI Capital. some firms appoint politicians and bureaucrats with external affairs experience.
ACCESSION #
52829359

 

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