0
Directors of corporate boards are typically selected through a nomination process, which often involves a committee comprised of existing board members. This committee evaluates potential candidates based on their skills, experience, and alignment with the company's goals. Shareholders may also have a say in the selection process during annual meetings, where they vote to approve or reject nominated candidates. Ultimately, the chosen directors are expected to oversee the company's management and ensure accountability to shareholders.
What else can I help you with?
What has the author Charles A Anderson written?
Charles A. Anderson has written: 'The new corporate directors' -- subject(s): Boards of directors, Directors of corporations
How are members of the National Association of State Boards of Accountancy selected?
Volunteer leadership includes a chairman, vice chairman, nine directors-at-large, and eight regional directors. The directors-at-large are elected for three-year terms. All others serve one-year terms, and all are elected
How does the Sarbanes-Oxley Act 2002 impact boards of directors?
The Sarbanes-Oxley Act of 2002 significantly impacts boards of directors by imposing stricter regulations on corporate governance and financial reporting. It mandates that boards establish independent audit committees, enhancing oversight of financial practices and ensuring accountability. Additionally, it requires board members to certify the accuracy of financial statements, which increases their responsibility and liability in the event of corporate fraud or mismanagement. Overall, the act aims to improve transparency and restore investor confidence in the wake of corporate scandals.
What has the author Ralph D Ward written?
Ralph D. Ward has written: 'Saving the Corporate Board' -- subject(s): OverDrive, Business, Nonfiction 'Improving Corporate Boards' 'The new boardroom leaders' -- subject(s): Boards of directors, Corporate governance
What has the author Lakshmi Chandra Gupta written?
Lakshmi Chandra Gupta has written: 'Corporate boards and nominee directors' -- subject(s): Directors of corporations, Industrial management
What has the author Jeremy Bacon written?
Jeremy Bacon has written: 'Corporate directorship practices : compensation, 1981' -- subject(s): Directors of corporations, Salaries 'Membership and organization of corporate boards' -- subject(s): Directors of corporations 'Executive compensation plans in the smaller company' -- subject(s): Executives, Salaries, Small business 'Corporate Directors' Compensation' 'Board committees in European companies' -- subject(s): Directors of corporations, Committees 'Planning and forecasting in the smaller company' -- subject(s): Industrial management, Business forecasting 'Corporate directorship practices : compensation, 1979' -- subject(s): Directors of corporations, Salaries 'Corporate boards and corporate governance' -- subject(s): Directors of corporations, Corporate governance 'Managing the budget function' -- subject(s): Budget in business
Is 'Board of Directors' singular or plural?
"Board of Directors" is a singular (one board) compound noun that takes a singular verb.Think of it as 'a special group' of directors. The group may be large or small.Example: "The board is meeting this afternoon. (is= singular verb)But when talking about 'the directors', they may be large or small, or of varying sizes!Example: "The directors are meeting this afternoon." (are = plural verb)COMPANY / CORPORATE LAWA company has a Board of Directors. It is clearly singular. Therefore singular verbs and singular pronouns are used when referring to 'a board' or 'the Board' of Directors.Examples of usage:"The World Bank Group has four Boards of Directors. ... Each Board of Directors is responsible for the conduct of ..." -The World Bank"The MCC Board of Directors is composed of the Secretary of State, the Secretary of ..." -Millennium Challenge Corporation, USA"If the board of directors has judged that a member bank is performing or behaving poorly, it will report this to the Board of Governors." -WikiPedia - Federal Reserve System"The exercise by the board of directors of its powers ..." -WikiPedia - Board of Directors"The board of directors generally sets broad corporate policy ..." - FreeDictionary.comNOTE that the verbs 'is', 'has', 'it', 'its' and 'sets' are all singular forms.PLURALThe plural of 'board of directors' is 'boards of directors / Boards of Directors"Some directors may serve on a numbers of different Boardsof Directors, that is, they have directorships with more than one company.EXAMPLES OF USAGEBoards of Directors are responsible for ...If boards of directors have judged ... they will report ...The exercise by boards of directors of theirpowers ...Boards of directors generally set broad corporate policy. etc
How are members of boards of accountancy selected?
Typically members of a board of accountancy are appointed by a state's governor and include both licensed CPAs and public members. The CPA members are often selected by the governor after consulting with the state's CPA society
What corporate boards did Hank Greenberg serve on?
He was a member of the board of directors of the New York Stock Exchange and the Trilateral Commission and a director of the United Nations Association.
What has the author John D Aram written?
John D. Aram has written: 'Information for corporate directors' -- subject(s): Boards of directors, Business communication, Case studies, Directors of corporations, Managerial accounting 'Presumed Superior' -- subject(s): Business enterprises, Free enterprise, Individualism
What has the author Roger H Ford written?
Roger H. Ford has written: 'Boards of directors and the privately owned firm' -- subject(s): Boards of directors, Directors of corporations, Private companies
What has the author Allen J Proctor written?
Allen J. Proctor has written: 'Linking mission to money' -- subject(s): Boards of directors, Corporate governance, Finance, Management, Nonprofit organizations
