answersLogoWhite

0


Best Answer

An executive chairman is full time office holder who typically leads the board and also takes a hands-on role in the company's day-to-day management. Because of the dual role, some say there is a significant agency cost to having someone be the head of both the board of directors and executive officers. An imbalance of the "checks and balances" of corporate governance is thus created. A non executive chairman is a part time office holder who sits on and chairs the main board of a company, and also usually provides support and advice to a chief executive officer. This position usually entails fulfilling a similar function on a number of ancillary board committee, as well as being a political figurehead of the company.

User Avatar

Wiki User

โˆ™ 2014-09-26 14:38:19
This answer is:
User Avatar
Study guides

Google

25 cards

The addition of the word google to dictionaries demonstrates that Google has been successful at what business strategies

A corporation gives out its profits as dividends paid to whom

The Google business model is most similar to the model followed by which other industry

Google's relaxed and non-traditional corporate culture is one aspect of which

โžก๏ธ
See all cards
5.0
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
1 Review

Add your answer:

Earn +20 pts
Q: What is difference between executive chairman and non-executive chairman?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is difference between allowance and perquisites receive by chairman or retired chairman which is exempted?

assdsd


What is the difference between a marketing executive and a business development executive?

== == == ==


Difference between marketing executive and sales executive based on their job responsibility?

what is executive


Whati s the difference between MD and Chairman?

MD is Managing Director and Chairman is a man in chair


How much to pay a bookkeeper?

What is difference between account executive and finance executive?


What is the difference between chairman and chairwoman?

One's a guy and one's a girl.


What is the difference between the legislative branch and the executive branch?

The difference is that the president is head of the executive branch and the legislative branch is the congress.


What is the difference between a treaty and an executive agreement?

The executive agreement is like setting the rules for the treaty.


What is the difference between executive agreement and the treaty?

The executive agreement is like setting the rules for the treaty.


Difference between treaty and executive agreement?

The difference between a treaty and an executive agreement is the paper they are printed on. The treaty is a signed document printed on paper. An executive agreement is an agreement that is verbal and probably agreed to by a handshake.


Difference between executive order and law?

An Executive Order comes from the President. Laws are passed by Congress.


What is the difference between accountant and accounts executive?

same most probably

People also asked