the authority and duties of members, Financial Management

+44 141 628 6080
[email protected]

the authority and duties of members

The authority and duties of members (shareholders)

Members and shareholders shall together and severally protect, conserve and actively exercise the supreme authority of the corporation in common meeting (AGM). They have a duty to exercise which supreme authority to:

Make sure that only competent and dependable persons who can add value are chosen or appointed to the board of directors (BOD).
Make sure that the BOD is continuously held accountable and responsible for the proficient and efficient governance of the corporation so as to attain corporate objective, prospering and sustainability.
Change the composition of the BOD which does not execute to expectation or in accordance with permission of the corporation.

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Financial Management: the authority and duties of members

Reference No:- TGS0178468

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Financial Management

Q : solutions to this conflictin common to make sure

solutions to this conflictin common to make sure that managers act to the best interest of shareholders the firm willa acquire agency costs in the

Q : debt holders versus shareholdersa second agency

debt holders versus shareholdersa second agency problem arises because of potential conflict between stockholders and creditors creditors lend

Q : corporate governancecorporate governance can be

corporate governancecorporate governance can be stated in different ways for examplethe private sector corporate governance trust pscgt defines that

Q : rationale for corporate governancethe

rationale for corporate governancethe organization of the world economy particularly in present years has seen corporate governance gain prominence

Q : the authority and duties of members

the authority and duties of members shareholdersmembers and shareholders shall together and severally protect conserve and actively exercise the

Q : principles of corporate governanceleadershipevery

principles of corporate governanceleadershipevery corporation should be headed by a proficient bod which should exercise leadership venture honesty

Q : corporate governance featurescorporate

corporate governance featurescorporate compliancethe bod should make sure that corporation obeys with all related laws governance practices

Q : types of efficiency efficient market

types of efficiency efficient market theory can be described in three ways1 allocative efficiencya market is allocatively proficient when

Q : weak form level of efficiencythis level states

weak form level of efficiencythis level states that share prices fully reflect information in historic share price movement and patterns past

1924355

Questions
Asked

3,689

Active Tutors

1446652

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

How does access to tech influence achievement

How does integration of tech in the classroom affect student's engagement? How does access to tech influence achievement?

What was the authors primary research method

What was the author's primary research method? a. direct observation of lobbyists b. public opinion surveys regarding lobbyists

Judicial review of acts of congress

Judicial review of acts of Congress or the president are Question options: relatively rare, something especially true with presidential actions

Why presidents often find policymaking difficult

The American President is often referred to as the world's most powerful leader. Despite this, presidents often find policymaking difficult. Why?

Hypothetical scenario involving you as a business owner

Answer the questions based on a hypothetical scenario involving you as a business owner. Your goal is to design a fake business/product/good

Principles of cerc in the covid-19 pandemic messaging

Explain whether or not you believe local, state, or federal government adhered to the six principles of CERC in their COVID-19 pandemic messaging

Whether the president has constitutional authority

What has the Supreme Court said about whether the President has constitutional authority to commit U.S. troops to offensive military action