Description
I'm looking for a critical thinking essay that discusses in detail the structure and role of the Board of Directors (you could certainly also look at the two-board system originating in Germany or the extremely large board structures from Japan and similar countries). Some Board committees are mandated by legislation via SEC requirements and some are unique to a firm's history. Board composition has changed dramatically in the past few decades and is rapidly moving into the realm of being a "professional occupation" for board members. Just copying out of someone's annual report is not enough; how has the Board evolved and what are their greatest challenges going forward?