**What Is the Extent of Responsibility or Involvement of an Independent Director in a Company’s Regular Operations?**
This question gained prominence during the investigation conducted by the Senate Blue Ribbon Committee into anomalous flood control projects.
During the inquiry, it was revealed that the wife of Senator Rodante Marcoleta, a member of the committee, holds a position related to the companies involved. This situation has raised important discussions about the role and accountability of independent directors in corporate governance, especially concerning their involvement in day-to-day operations.
Understanding the responsibilities of independent directors is crucial to addressing issues of transparency and accountability in both public and private sectors.
https://business.inquirer.net/551047/balancing-act-of-independent-directors
