Healthy board culture is imperative because it dictates how a board responds to sudden and significant change in overall business strategy.
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Executive directors & non-executive directors both play important roles, but for very different reasons, and neither carry a higher status.
The liability of non-executive directors role is not uniquely different from that of an executive director, their role is equally important.
The role of the nom/gov committee strongly contribute to the quality of the board and its other board committees as well as corporate governance efforts.
The notion of director due diligence describes how an individual/group of individuals act and make decisions that avoid harm to other people and property.