PORTABLE MBA IN FINANCE AND ACCOUNTING CHAPTER 15
15
THE BOARD OF DIRECTORS.
Charles A. Anderson Robert N. Anthony
.
This chapter describes the nature and function of the board of directors, which has the ultimate responsibility for governing a corporation. It describes the board’s activities in normal meetings, in strategy meetings, and in special situations, and it describes the work of three important board committees: the compensation committee, the audit committee, and the finance committee.