Boards of directors will be elected to lead the governance and oversight of your company. While fiduciaries to owners, shareholders and stakeholders, boards set up policies and make decisions on a collection of issues including whether or not there are a dividend, stock options for employees, and hiring/firing and compensation of upper supervision.
However , there are a few instances when a firm needs to work more quickly than the full table can connect with to address. To prevent the possibility of lacking a crucial chance, some planks delegate anonymous decision-making with an executive committee.
An exec committee is a small group of leaders who all typically deal with urgent concerns that could contain significant consequences for the corporation...
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