Register
Strong corporate governance relies on a strong board of directors. Which of the following would be a strong candidate to be a board director for XYZ, Inc.?A. Community member who has already served on
83.4k views
1 vote
Strong corporate governance relies on a strong board of directors. Which of the following would be a strong candidate to be a board director for XYZ, Inc.?A. Community member who has already served on the board for 15 years.B. Investor who has a multi-million-dollar joint venture with the CEO and CFO.C. Retired controller of a Fortune 500 company.D. Community member who receives annual large consulting contracts from XYZ.

User Lau
by
5.3k points

1 Answer

5 votes

Answer:

C) Retired controller of a Fortune 500 company.

Step-by-step explanation:

Corporate governance refers to the rules and practices that dictate how a company is run. Strong corporate governance ensures that the board of directors will have a solid relationship with the shareholders, the employees and the community.

The strongest candidate for XYZ's board is the retired controller of a Fortune 500 company, since he can provide experience, knowledge and independence to the board.

User Muhammad Shahab
by
5.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.7m questions

7.4m answers

Other Questions

_____ reminds customers and clients that they made a good choice in selecting a company with which to do business, or it reminds them of the good qualities of their purchase.​
On august 1 the darius co. purchased a photocopy machine for $8,000. the estimated annual depreciation on the machine is $1,680. if the company prepares annual financial statements on december 31, the
When president obama was elected, the u.s. economy was in trouble, and has slid into a recession. consumer spending was low and getting worse. in an effort to stop the decline, president obama proposed
Ensuring that an individual is who they claim to be is the function of _____. select one: a. confidentiality b. authorization c. availability d. authentication e. nonrepudiation
The current market price for good y is above the equilibrium price, and then the price of a subsitute good, x, increases. the demand curve for good y shifts as a result. what is the likely outcome of the
Link Copied!