Corporate Governance · glossary

Duty to exercise independent judgement (section 173)

A director decides for herself and hands her vote to nobody. A director nominated by an investor may take the investor's views into account, but she votes as she judges best for the company. If the investor gives her an instruction, she must ignore it. Charter §8.1 · Chapter 3 · Chapter 5

Explained in Chapter 3, The Seven Duties, of Corporate Governance.

Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.

Related terms

Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Corporate Governance → · All terms A–Z →