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The difference between multi/unitire board

Forums › ACCA Forums › General ACCA Forums › The difference between multi/unitire board

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by Ali.
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  • August 20, 2015 at 11:19 am #267861
    razeeacca
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    does anyone have a clear idea about the topic

    August 24, 2015 at 2:05 pm #268354
    Ali
    Member
    • Topics: 12
    • Replies: 142
    • ☆☆

    Uni tire board is headed by the chair and all execs and NEDs are in the same board.

    In Multi tire boards, the execs and NEDS are separated. NEDS have an upper hand over the execs and act as a supervisory board. The execs, headed by the CEO, are responsible for the running of the company but their policies are reviewed by the Supervisory board, headed by the Chair.

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