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Corporate governance

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Corporate governance

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by Ken Garrett.
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  • April 27, 2017 at 12:43 pm #384120
    tahababa
    Participant
    • Topics: 22
    • Replies: 4
    • ☆

    HI.who is more powerful in an organization Ececutive director(CEO) or Non executive director(Chairman)?
    Q2:Who is non executive director except Chairman?
    Q3:Public Sector Organisation cannot be commercial oranisation because their primary aim is to provide basic governnment facilities?
    I am waiting for your answer.
    Thank you

    April 27, 2017 at 4:43 pm #384142
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10648
    • ☆☆☆☆☆

    1 They can have equal power. CEO runs the company, Chairman runs the board.

    2 A non executive director is anyone appointed as a NED. There is supposed to be a balance (50/50) executive and non executive directors.

    3 A public sector organisation can be commercial. Eg, at one point British Airways was state owned and was expected to make a profit.

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