A critical discussion of the effectiveness of independent directors in monitoring and disciplining the senior executives in the UK and the US

Independent non-executive directors play a crucial role in corporate governance by overseeing senior executives in listed companies. However, significant corporate scandals and the early 21st-century financial crisis have raised concerns about their effectiveness and ability to fulfill expectations. This essay explores the challenges faced by independent directors in both the UK and the US, questioning their capacity to hold management accountable in light of recent events and the implications for corporate governance practices.