Question

Explain the types in composition of board of directors

Answer 1

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A board of directors is a reorganized group of people who jointly over see the activities of an organisation .which can be either for a profit, business, non profit ,organisation or government agency . such as a regulations ( including the jurisdiction corporations ) law and Organisation constitution and bylaw.
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Answer 2

Board composition usually concerns problems related to board independence like independence of board committees, diversity of board members as well as CEO duality.

Generally, directors are differentiated into three different categories such as affiliated or related outside directors, management or inside directors and independent outside directors.

Additionally, the board comprises of directors with diversified set of functional experience.