Roles, Responsibilities and Functions of Board of Directors in an Organization

Rehman, Abdul

doi:10.2139/ssrn.2276831

SSRN Journal

2013

DOI: 10.2139/ssrn.2276831

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Roles, Responsibilities and Functions of Board of Directors in an Organization

Abdul Rehman¹

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2014

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Universal corporate governance standards: recommendations for the composition of a board of directors

Mynhardt¹

2014

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In the study reported here, suggestions that the global financial crisis revealed shortcomings in current board of director structures were researched. It was found that the current boards of directors do not have much of a chance of playing a constructive role in the success of any company, giving in to pressure from shareholders to exceed prior results, and failing to monitor the business and to assess its risk profile. In order to enhance board of director efficiency in companies around the world, a new board of director structure called the “management council” is proposed. The structure was discussed with industry experts who agreed that the implementation of the council structure could solve the problems experienced with current board of director structures

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Universal corporate governance standards: recommendations for the composition of a board of directors

Mynhardt¹

2014

COC

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Roles, Responsibilities and Functions of Board of Directors in an Organization

Cited by 1 publication

References 0 publications

Universal corporate governance standards: recommendations for the composition of a board of directors

Universal corporate governance standards: recommendations for the composition of a board of directors

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