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Board of directors

This topic has 1 reply, 2 voices, and was last updated 6 years ago by Ken Garrett.

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November 4, 2018 at 10:20 am #483748
Anuja Nair
Member
- Topics: 365
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Hi sir, the board of directors will be run by the chairman and the CEO will run the company.
Therefore, who is responsible for cascading the tone for internal control set by the CEO to lower levels ?
The senior management is responsible, not the board right ?
November 4, 2018 at 2:13 pm #483776
Ken Garrett
Keymaster
- Topics: 10
- Replies: 10597
The Board runs the company. The Chairman runs board meetings.
IC is no different from any management function. The appropriate board member, probably the FD will give instructions/ delegate to the Chief accountant etc.
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