explain why separation of roles of chairman and CEO is considered best practice in most jurisdictions

80.2K

Verified Solution

Question

Finance

explain why separation of roles of chairman and CEO isconsidered best practice in most jurisdictions

Answer & Explanation Solved by verified expert
3.6 Ratings (466 Votes)
Separation of role of chairman and CEO is necessary due to The board of directors have the task of managing all the business operations and protecting the interests of the shareholders The chairman heads the board of directors Separation of the chairman and the CEO who is the top manager of the company    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

explain why separation of roles of chairman and CEO isconsidered best practice in most jurisdictions

Other questions asked by students