There are many benefits to this position including flexibility, authority and convenience. Here are the necessary elements of a non-exec agreement. Non-Exec Director Offers Wider Perspective Firms hire non-execs to offer an outsider vantage point. At times, internal executives can be too timid to offer contradictory viewpoints on corporate issues. A NED can offer a…
There have been a number of recent business scandals and corporate collapses that were the direct result of poor ethics. These recent issues have led to a call for a higher standard of business ethics, further regulations and training in ethics. It is important to understand that to effectively impact the ethics of a company,…
NEDonBoard: 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…
