BUS 499 SU Week 8 The Board of Directors Corporate Governance Questions

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Unecre09

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BUS 499

Strayer Univeristy

BUS

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Top executives and members of a corporation's board of directors have

different roles and responsibilities. Traditionally, executives have

been responsible for determining the firm's strategic direction and

implementing strategies to achieve it, whereas the board of directors

has been responsible for monitoring and controlling managerial decisions

and actions. Some argue that boards should become more involved with

the formulation of a firm's strategies.

  • How would the board's increased involvement in the selection of strategies affect a firm's strategic competitiveness?
  • What evidence would you offer to support their position?

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1

Corporate Governance

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Corporate Governance
Effects of a board’s increased involvement in the selection of strategies on a firm’s strategic
competitiveness
The board of directors is the most valuable entity in an organization. The board of
directors is the link between top-managers and stakeholders within the o...


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