discuss why it is vitally important that corporate board of directors be made up of individuals who have a high level of integrity.
Integrity is the quality of being straightforward and having solid good standards. The board of directors are the most noteworthy administering authority inside the structure of an organization. The advisory group of top managerial staff comprise of individual men or women those are chosen by the investors.
Integrity signifies the consistency between what an executive says, composes and does. The board of directors must be accountable and must own their decisions. The interest of the organization must always be prioritized against their own. They should have the mental fortitude to take significant decisions that will be gainful for an organization.
Therefore, integrity is an important quality that must be possessed by the board of directors.
discuss why it is vitally important that corporate board of directors be made up of individuals who have a high level of...
On Corporate Governance – Apple Inc. Discuss three traditional roles of the board of directors. Also, identify and discuss the most urgent governance issue impacting Apple's company’s board – what are they doing to manage this important issue?
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...
about amazon Discuss the corporate governance (internal) mechanisms of the firm: Ownership concentration Board of directors Compensation
since the board of directors is made up of human beings with selfish tendencies, formation of board of directors irrespective of its configuration, cannot eliminate the agency conflict." fully evaluate this assertion
since the board of directors is made up of human beings with selfish tendencies, formation of board of directors irrespective of its configuration, cannot eliminate the agency conflict." fully evaluate this assertion. 3 pages double line spacing.
What is an ideal number of persons to have on a board of directors? Why?
1.Why do you think that the qualities of objectivity and independence are important for the board of directors and auditing committees? 2.Some individuals view the establishment of the SEC as unnecessary and unproductive. Do you agree or disagree? Why?
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...