- 15 Marks
CSME – Nov 2015 – L2 – Q5 – Corporate Governance
Outlines key responsibilities and duties of the board in corporate governance, relevant for improving corporate structure and performance.
Question
The owner of ABC Company learned from a conference and a professional magazine that weak corporate governance accounted for recent corporate failures in Nigeria. Many board members were found lacking a clear understanding of board responsibilities and duties.
Required:
The Managing Director will soon address the board and has requested a paper detailing the board’s responsibilities and duties.
Find Related Questions by Tags, levels, etc.
- Tags: Accountability, Board Duties, Board Structure, Corporate Governance, Strategic Oversight
- Level: Level 2
- Topic: Corporate Governance
- Series: NOV 2015
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