A board of directors is the most effective in monitoring management performance when all the members in the board are outsiders. True or false
False, when all the board members are outsiders without any deep knowledge of the company's policy, they prove to be ineffective. A better way is having a mix of full time directors and members that are outsiders.
A board of directors is the most effective in monitoring management performance when all the members...
What is the role of a Board of Directors in corporate management, and from where do directors obtain their power to make these decisions? a. To make sure that bond holders receive no money and that stock holders receive all of the money in a corporation. The Board of directors is inherently corrupt and any bank that lends to a company that has a board of directors will lose money. b. The Board of Directors (BOD) is made up of...
What is the role of a Board of Directors in corporate management, and from where do directors obtain their power to make these decisions? a. To make sure that bond holders receive no money and that stock holders receive all of the money in a corporation. The Board of directors is inherently corrupt and any bank that lends to a company that has a board of directors will lose money b. The Board of Directors (BOD) is made up of...
What is the role of a Board of Directors in corporate management, and from where do directors obtain their power to make these decisions? O a. To make sure that bond holders receive no money and that stock holders receive all of the money in a corporation. The Board of directors is inherently corrupt and any bank that lends to a company that has a board of directors will lose money. O b. The Board of Directors (BOD) is made...
Boards of directors today are under pressure to become actively involved in planning and monitoring corporate activity. At WorldCom, Tyco, and other corporations, the boards were either unaware of the misdeeds taking place around them or, in some cases, actually were party to those activities. At Enron, for example, the board of directors several times voted to waive its policies regarding independence and arms-length transactions, allowing executives to continue their fraud unhampered. When the negligence of these boards was publicly...
Members of the board of directors are selected by: Multiple Choice company management. shareholder voting. the largest five shareholders. the firm's managers and employees. the firm's Chief Executive Officer.
There are 8 members on a board of directors. If they must form a subcommittee of 3 members, how many different subcommittees are possible?
There are 8 members on a board of directors. If they musform a subcommittee of 3 members, how many different subcommittees are possible?A)6 B)512 C)56 D)336My answer is: 336Is this correct?
There are 10 members on a board of directors. If they must elect a chairperson, a secretary, and a treasurer, how many different slates of candidates are possible?
there are 6 members on a board of directors .if they must elect a chairperson ,a secretary ,and a treasurer,how many different slates of candidates are possible.
Top executives and members of a corporation's board of directors have different roles and responsibilities. Traditionally, executives have been responsible for determining the firm's strategic direction and implementing strategies to achieve it, whereas the board of directors has been responsible for monitoring and controlling managerial decisions and actions. Some argue that boards should become more involved with the formulation of a firm's strategies. How would the board's increased involvement in the selection of strategies affect a firm's strategic competitiveness? What...