When does a corporation need a board of directors

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Question: 1. When does a corporation need a board of directors?

2. Who should and should not serve on a board of directors? What about environmentalists or union leaders?

3. Should a CEO be allowed to serve on another company's board of directors?

4. What would be the result if the only insider on a corporation's board were the CEO?

5. Should all CEOs be transformational leaders? Would you like to work for a transformational leader?

Reference no: EM131498647

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