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Assignment Questions

non-executive directors

Literature review

“An effective board needs a non-executive director team with the skills, knowledge and experience to understand every aspect of the business, including its people, and especially the chief executive. NEDs need courage and social skills if they are to challenge executives. Most failures have their roots in board weakness.”

 

Required:
Critique the role of non-executive directors as a corporate governance mechanism with reference to the above quote including the importance of independence.

 

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