Role of Independent Directors on the Board

Easy Corporate Governance Board Of Directors

Effective corporate governance is essential for the success of a company. One of the critical components of corporate governance is the structure and functioning of the Board of Directors. The Board's primary responsibilities involve overseeing management, guiding company policy, and protecting shareholders' interests. However, the composition and independence of the Board can significantly influence its decision-making process.

Consider the following statements regarding the roles and responsibilities of the Board of Directors:

The Board of Directors should exclusively consist of internal executives to ensure alignment with the company's operational priorities.

Including independent directors on the Board can help mitigate conflicts of interest and enhance the decision-making process.

The Board primarily serves to support the CEO's decisions without independent oversight.

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