Question

Importance of committee in companies

Answer 1

Explanation:

Establishing committees is one way of managing the work of the board, thereby strengthening the board's governance role. Boards should regularly review its own structure and performance and whether it has the right committee structure and an appropriate scheme of delegation from the board.

Answer 2

The primary Objective of the Compliance Committee is to review, oversee and monitor: The company's compliance with applicable legal and regulatory requirements. The company's policies, programs, and procedures to ensure compliance