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Among the critical responsibilities of a mother board is to question supervision and carry all of them accountable for all their actions. Nevertheless , studies suggest that the build of asking in boardrooms is often unhelpful. Warren Buffett and Charlie Munger quote “If you keep belching all the time at the table, you will get provided in the kitchen” (Das, 2014). Teasing the actual behavioral, internal and ethnical issues that influence how NEDs ask and managers answer questions is known as a promising place for exploration.
The term ‘boardroom’ refers to a gathering room used by a company’s aboard of company directors, a group of persons elected by shareholders to represent them and protect the interests. Boards make key decisions that affect everyone from the workers a firm employs to investors that own its shares. A great boardroom must have a big enough table to seat almost all members and stay located in a setting that promotes personal privacy.
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