Question

Role of board of directors in corporate governance

Answer 1

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The board's role is to oversee the management and the Governance of the company and to monitor senior management's performance. Among the board's core responsibilities are to:-... review the company's financial controls reporting system. Review and approve the company's financial statements and financial reporting.

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Answer 2

Corporate governance and the role of the board

Corporate governance refers to how a board directs and manages the corporation, taking into account the impact of decisions on employees, customers, suppliers, communities and shareholders. The board oversees the conduct of the business and supervises management.