Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
What factors improve the effectiveness of a board of directors?
Expert Solution
Step 1
Board of Directors:
The people appointed on behalf of shareholder and equity investors to ensure their interest while making important financial and operational decisions are called the board of directors. People from different walks of financial life are appointed to ensure the smooth functioning of the Company.
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