PLEASE NOTE
The EBF site is dead. If you click through you will be taken to the Internet Archive site to find an archived copy.
The EBF site is dead. If you click through you will be taken to the Internet Archive site to find an archived copy.
The job of the directors is to represent the shareholder and the board’s primary tool for doing that is by asking tough questions that elicit insightful responses. The best outcome from being ‘grilled’ by the board is not that management receives the authority to do what it wants to do. The best outcome is that management sees the world differently. Its powers of analysis are deepened, its world-view expanded, its blind spots subjected to new light.
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