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Overseeing the company’s financial accounting and financial reporting practices

Evaluating the caliber of senior executives’ strategy-making and strategy-executing skills

Supervising enforcement of high ethical standards and stepping in to take the lead role in promptly revising and improving the company’s strategy whenever the company’s financial performance is unsatisfactory

Critically appraising the company’s direction, strategy, and business approaches

Instituting a compensation plan for top executives that rewards them for actions and results that serve stakeholders’ interests, and most especially those of shareholders

Jos Simulation Answered question April 5, 2025