Category | Assignment | Subject | Economics |
---|---|---|---|
University | ...................... | Module Title | Ethics, Sustainability and Governance Resit |
A corporate board(CB) also known as a direction board is a people group that presents an organization's stakeholders and supervises its decisions and direction which is strategic. Larger members are appointed to present the interests of the shareholders and are responsible for securing the financial health of an organization and handling risks. They are accountable for protecting the organization's managing risks, and financial health, and serving guidance to the team of executives and CEO (Abdullah and Ahmed, 2020). Corporate boards can be more focused on the future than the maintenance, which can help the organization to achieve its motive. The members of the corporate board responsible for several aspects of the governance structure of an organization such as policies that are setting policies of a board that are executive compensation, proceed payouts.
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