3.1.4 Board of Directors
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A company’s board of directors is elected by shareholders to:
- Protect shareholders’ interests.
- Provide strategic direction.
- Monitor company and management performance.
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Open itmally compensated through salary, bonuses, equity based remuneration (or compensation). As a result, managers may be motivated to maximize the value of their total
remuneration while also protecting their employment positions.
<span>3.1.4 Board of Directors
A company’s board of directors is elected by shareholders to protect shareholders’ interests, provide strategic direction, and monitor company and management performance.
3.1.5 Customers
Customers expect a company’s products or services to satisfy their needs and
provide appropriate benefits given the price paid, as well as to meet a Summary
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