Knowee
Questions
Features
Study Tools

What makes to achieve the diversity in the board structure? Each director is from different field Their attention is diverted to policy matters Some of the directors are independent directors All the directors are not executive directors

Question

What makes to achieve the diversity in the board structure? Each director is from different field Their attention is diverted to policy matters Some of the directors are independent directors All the directors are not executive directors

🧐 Not the exact question you are looking for?Go ask a question

Solution

Achieving diversity in the board structure can be accomplished through several steps:

  1. Appointing directors from different fields: This ensures a variety of perspectives and expertise, which can lead to more comprehensive decision-making.

  2. Focusing on policy matters: When the board's attention is directed towards policy matters, it can help ensure that the organization's policies are inclusive and considerate of diverse viewpoints.

  3. Including independent directors: Independent directors are not part of the day-to-day management of the company. They can provide unbiased perspectives and make objective decisions, which can contribute to diversity in the board's decisions.

  4. Ensuring not all directors are executive directors: Executive directors are part of the management team, and their perspectives may be influenced by their roles. By ensuring that not all directors are executive directors, the board can include a wider range of perspectives.

This problem has been solved

Similar Questions

The following which is not a key factor in the effectiveness of a board of directors is:Group of answer choicessubjectivity.competence.diversity.independence.

The primary purpose of the board of directors is Blank______.Multiple choice question.managerial diversificationto offset information asymmetrygeneral strategic oversight and guidanceto ensure that individual work tasks are completed on time

A board of directors is said to be captured when: a majority of the directors are independent directors. a majority of the directors are outside directors. its monitoring duties have been compromised by connections or perceived loyalties to management. when the CEO also serves as chairman of the board of directors.

he balance of power on the board is best attained from which of the following combinations?a.A majority of executive directors, with the other directors being non-executive directors, the majority of whom should be independent.b.A clear majority of executive directors with a non-executive chairman.c.A majority of non-executive directors, the minority of them being independent.d.A majority of non-executive directors, the majority of whom should be independent.

A Director takes the form of various categories andsame is replicated to eachdirector’s duties. Analyze various categories of directors and discuss the multiplereasons that may lead to the disqualification of a director from the board.

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.