Question

Explain the process if nomination by a nominating committee.

Answer 1

Answer with explanation:

The nomination committee identifies the best candidates for different director positions. They may also review and amend (or propose amendment of) the corporate governance policies of an organization related to this process.A nomination committee evaluates a firm's board of directors and examines the skills and characteristics required of board candidates.

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Answer 2

The Nominating Committee is responsible for screening and recommending to the full Board director candidates for nomination.