Responsibilities of board of directors of a company

What are the responsibilities of the board of directors of a company?

E

Expert

Verified

A company’s board of directors has three responsibilities to fill:

a. Be inquiring critics and overseers.

b. Evaluate the caliber of higher-ranking executives’ strategy-executing skills and strategy-making.

c. Institute a reimbursement plan for higher-ranking executives that reward them for actions and results that serve stakeholders interests and most specially those of shareholders.

   Related Questions in Other Management

©TutorsGlobe All rights reserved 2022-2023.