Definition of
board meeting
directors' meeting a meeting of the board of directors of a company
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Recommended Further Reading (Term count)
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Should Internal Auditing Assess Board Performance?
by Sridhar Ramamoorti
“Ultimately, the overall responsibility for the organization and its assets, and for its perpetuation into the future, rests squarely with the board.” Dr Thomas R. Horton, Former Chairman, National Association of Corporate Directors.Internal auditors are increasingly being challenged to look at ways by which they might evaluate and improve the governance process. Given their competencies and expertise in the areas of governance, risk management,... -
Reducing Costs and Improving Efficiency by Outsourcing and Selecting Suppliers
by Paul Davies
As a tool for the CFO, outsourcing has an important role to play in reducing costs and improving efficiency. It is important, however, to bear in mind that in addition to the direct and indirect benefits of outsourcing, there are also direct and indirect disadvantages. Outsourcing isn’t the answer on its own, and it has to be part of a holistic analysis to be successful. -
Lessons from the Credit Crisis: Governing Financial Institutions
by Jay W. Lorsch
Jay W. Lorsch is an internationally recognized expert in boards and corporate governance. Here he argues that the lack of experienced bankers on bank boards was a major contributor to the 2008 financial crisis. He believes that the “independence” criteria played a big part in banks’ preference for nonbankers as nonexecutives, and must now be reconsidered. Lorsch also argues that US companies should keep the roles of chairman and CEO separate as... -
Selecting the Board and Evaluation Process
This checklist explains how a board of directors is selected and evaluated.
Definitions of ’board meeting’ and meaning of ’board meeting’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’board meeting’ and other financial terms with our online QFINANCE Financial Dictionary.
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