For starters, the Listing Requirements by Bursa Malaysia Securities Berhad impose a mandatory cooling off-period of two years for former executives including CEOs to become an independent director for the same corporation but there is no similar measure for independent directors to become a CEO of the same corporation.
A RETIRED appellate court judge who subsequently assumed the role of a defence counsel once cited his own judgment as a precedent to substantiate the point that he was postulating. In doing so, he went on to quote his former self as the “learned judge”, thus, drawing laughter from the audience.
Such is the characteristic of role reversal – people find themselves in an unthinkable and a dramatically different situation from what they are accustomed to, and attempt to figure out how to make it work. As the American psychodrama specialist, Anne E Hale laconically puts it, “role reversal conceptually represents a transcendence of self or self-component”.
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