Definition of outside director in English:
A director of a company who is not employed by that company, typically an employee of an associated company.
- It would make clear the effect of crony relationships between management, outside directors, and institutional shareholders.
- On April 5, Cendant announced the resignation of two employed directors and the appointment of two outside directors.
- Analogous survey scales were included in a second questionnaire sent to all outside directors at firms whose CEOs had responded to the initial survey.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Spain
Most popular in Malaysia
Most popular in Pakistan