The manner in which a corporate board of directors is governed is directly connected with the industry in which the business operates. However, with that recognised, there are governance framework considerations that transcend both industries and individual corporations. There is a board governance framework that is generally appropriate to virtually any type of corporate enterprise.…
More executive boards are realizing that a non-executive director (NED) can be one of their greatest assets. However, there are oftentimes situations in which a NED’s performance can and should lead to dismissal. To learn more about this important issue, be sure to review the brief guide that appears below: When To Dismiss A NED.…
The board of directors is chosen to act on the behalf of the company’s shareholders in order to manage the daily affairs of the business. Overall, the board is held responsible regarding the shareholders and holds a yearly meeting each year whereby the directors have to give a report to them concerning the company’s performance,…
How to appoint the right non-executive director for your organisation? Many businesses, including smaller ones, appoint non-executive directors, or NEDs. A non-executive director does not assume the day-to-day running of a company. His/her role is one of constructive challenge, support and oversight. A non-executive director is responsible of monitoring and scrutinizing the performance of…
