Which board of director's duty falls under the category of control and oversight over management?
A) select new directors
B) pass bylaws and related resolutions
C) select the CEO
D) maintain good public image
E) ensure equitable stockholder representation

Question

Quizplus · Accepted Answer

Selecting the CEO is one of the key responsibilities of the board of directors as it directly impacts the management of the company. The board must exercise control and oversight over management to ensure they are making decisions that align with the company's goals and values. This responsibility falls under the category of control and oversight over management. Choices A, B, D, and E do not directly relate to this category.

Which Board of Director's Duty Falls Under the Category of Control