Question

If you were on the board of directors of your comapny and not on the management team. How impressed would the board be with your results thus far? Would they approve bonuses or look to remove you?

why or why not?

Answer 1

The board of directors judges management performance based on how well they serve the shareholders' interests. Positive results could lead to approval of bonuses, while poor results could prompt leadership changes. The board's decisions aim to reflect the best interests of the shareholders.

Step-by-step explanation:

The question addresses the role of board of directors in overseeing management performance in a company. They ensure the company is operated in the best interests of the shareholders. The impressiveness of an individual's results as part of management would depend on various performance metrics, which could include financial results, strategic development, and operational achievements.

If the results were positive and aligned with the shareholders' interests, the board might approve bonuses as a reward for successful management. Conversely, if the results were poor, it could lead to the management being scrutinized, with potential changes to the leadership. Ultimately, the board's primary obligation is to the shareholders, and their decisions would reflect what they believe would best serve the shareholders' interests.