Respuesta :
Additional functions of the board beyond general strategic oversight include:
- Ensuring that the firm's accounting practices and reports are accurate
- Selecting, evaluating, and compensating the CEO
- Assessing and mitigating risk
Who are the board of directors?
The Board of Directors (B of D) is the body responsible for setting the strategy and overseeing the management of a listed organization. Board meetings are essentially held on a regular basis. All the public companies are required to have a board of directors.
A public company's board of directors is elected by the shareholders and its main task is to protect the interests of the shareholders. In fact, directors are required by law to put the interests of shareholders above their own. The Board of Directors performs a supervisory function by monitoring company activities and issuing performance reviews.
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The complete question is as follows:
Additional functions of a board of directors beyond general strategic oversight include ______. (Check all that apply.)
- assessing and mitigating risk
- conducting background checks on all potential employees
- ensuring that the firm's accounting practices and reports are accurate
- selecting, evaluating, and compensating the CEO
- day-to-day operational management
