Corporate governance: Cyprus peculiarities

Discussions at the Highway Communications seminar last Thursday on "Trends in Global Corporate Governance: An Economic Perspective" highlighted some of the peculiarities of corporate governance in Cyprus, such as large family ownership and the very low pay of non-executive directors.

In a later interview, Costas Hadjimarkos, Louis Group Secretary to the Board of Directors and Corporate Governance compliance officer, spoke in a personal capacity to the Financial Mirror about the main issues.

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