Question

Role of directors managers and shareholders in ensuring corporate gorenance

Answer 1

The Board's key purpose is to ensure the company's prosperity by collectively directing the company's affairs, whilst meeting the appropriate interests of its shareholders and stakeholders. Let us examine the role of Board of directors (BoDs) in terms of Companies Act and other legal provisions.

Answer 2

The board of directors' key purpose is to ensure the company's prosperity by collectively directing the company's affairs, whilst meeting the appropriate interests of its shareholders and stakeholders. Individual directors have only those powers which have been given to them by the board.