Shows how the meaning of board membership and the responsibility of directors have changed over the years from the ''honorary'' positions they once were. Describes the work that directors actually do in companies having active boards and how board chairmen interact with their boards, their activities in both day-to-day and crisis situations. Also looks at the functions of the major board committees: nominating, compensation, audit, and finance. Each chapter is followed by case histories describing particularly challenging situations directors have had to deal with.
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