Yet, you can serve as a director of your own firm (in addition to being the founder and/or executive officer) with just one director. Your board of directors should expand as your firm expands and receives financing (in terms of the number of directors and their respective areas of expertise). While a corporation’s board of …
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At the top, this creates discord and confusion. Furthermore, as research from INSEAD’s Corporate Governance Centre demonstrates, the two roles are vastly different—as are the abilities required for each. The board, not the corporation, is led by the chair, who is a facilitator of good group discussions rather than a team commander. The majority of …
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Part of the issue is because emerging economies lack “institutional holes,” such as specialized intermediaries, regulatory systems, and contract-enforcing mechanisms. Multinationals have found it difficult to flourish in emerging countries because of these disparities, and as a result, many corporations have avoided investing there. Emerging Markets-Oriented Strategies That might be a blunder. Western corporations are …
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