STRATEGIC MANAGEMENT(LL)
STRATEGIC MANAGEMENT(LL)
4th Edition
ISBN: 9781260539929
Author: Rothaermel
Publisher: MCG
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Chapter 10, Problem 3MS
Summary Introduction

To explain: The different courses that can be taken up by Person X.

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A.Based on the case study outline the key reaponsibilities of board directors  B.discuss how the composition of the board can affect its effectivenes.provide examples from the case study to support your analysis
Between the unitary and the two tier structures which one would be the most effective in the running of companies
Case Study The composition and role of boards. The board of directors is the corporation's governing body. By law, the board is vested with the authority to manage the corporation's business and affairs, and the board's members have a fiduciary responsibility to act in the best interests of the corporation and its shareholders. Boards are thus collegial bodies in the traditional sense that their members share authority and responsibility, and have both individual and collective accountability. Boards typically delegate much of their authority to an executive team that carries out the day-to- day operations of the corporation's business. However, some board duties cannot be delegated, and boards vary widely in the extent of their involvement in the business. The board's core functions typically include selecting, monitoring, advising, and compensating the chief executive; monitoring the company's financial structure and declaring dividends; deciding on major transactions and changes in…
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