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3 cards from this section. Quick, good the night before a test.
What is the primary role of the Board of Directors?
Think about who checks the company’s operations.
Who provides the capital to a corporation?
Consider who owns shares in a company.
What is the role of the Board of Directors?
Focus on who manages the corporation at a higher level.
True or False: Shareholders are responsible for day-to-day management.
Think about the roles discussed.
If a company's Board is ineffective, what potential risks does it face concerning shareholders and overall governance?
Consider the implications for company's reputation.
How would you design a structure for a new corporate governance model that enhances accountability among the executives?
Focus on procedures that ensure oversight.
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