One of the issues that has increased the role of the board of directors is
A) legal mandates.
B) investor activism.
C) corporate strategy.
D) All of the answer choices are correct.
E) None of the answer choices is correct.

Question

Quizplus · Accepted Answer

Legal mandates, investor activism, and corporate strategy are all factors that have contributed to an increase in the role and importance of boards of directors. Legal mandates have imposed greater accountability and oversight responsibilities on boards, while investor activism has pushed for greater transparency and shareholder value. Corporate strategy has become more complex and requires more guidance and oversight, making the board's role more critical. Therefore, all of the answer choices are correct.

One of the Issues That Has Increased the Role of the Board