Directors Vs Owners - When Views Collide
Directors govern an enterprise to serve the best interests of its owners. They should ensure that managers align strategies and risk management with those interests. But directors and owners can reach different conclusions about that alignment, or face particular circumstances that make it hard to achieve alignment. What happens then?
This article was first published in "Boardroom" in February 2014 by the Institute of Directors in New Zealand and is under copyright. If you use or quote from this material please attribute it to the author and publisher.
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