Subject matter experts agree that the corporate board structure is identified as a board of directors who, alongside a management team of executives, govern a corporation, compliant to the policies and procedures that are required for a corporation’s success. Because of failed boards and corporations such as, Enron and WorldCom, as some researchers point out, making a distinction of the roles in corporate governance is paramount. As mentioned previously in the introduction of this manuscript, most structures are made up of two-tier boards (Investopedia Staff). In order to further expound on corporate governance of this fashion, each entity of corporate board structure, as it pertains to US standards (as corporate board structure is slightly deviating in other countries), are classified
Subject matter experts agree that the corporate board structure is identified as a board of directors who, alongside a management team of executives, govern a corporation, compliant to the policies and procedures that are required for a corporation’s success. Because of failed boards and corporations such as, Enron and WorldCom, as some researchers point out, making a distinction of the roles in corporate governance is paramount. As mentioned previously in the introduction of this manuscript, most structures are made up of two-tier boards (Investopedia Staff). In order to further expound on corporate governance of this fashion, each entity of corporate board structure, as it pertains to US standards (as corporate board structure is slightly deviating in other countries), are classified