Justify the following statement: Directors exercise their powers and authorities collectively as a Board.
Justify the following statement:
Directors exercise their powers and authorities collectively as a Board.
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- The Directors occupy a very important position in the company’s management.
- They are elected representatives of the shareholders.
- Directors are responsible for decision making, policy framing, and determination of plans for achieving the target set.
- They have to exercise proper control, direction, and supervision.
- Directors exercise their powers and authorities collectively as a “Board”.
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