Role of independent directors in corporate governance
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The board does not manage the company. 4. Roles & Responsibilities of BOD Roles of the board of directors: Boards have primary roles: to establish policies, to make significant and strategic decisions, and to oversee the organization's activity. ... o Determine and review company goals
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Independent directors act as a guide to the company. Their roles broadly include improving corporate credibility and governance standards functioning as a watchdog, and playing a vital role in risk management. Independent directors play an active role in various committees set up by company to ensure good governance.
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