Corporate Governance - Article Review

Running head: CORPORATE GOVERNANCE – ARTICLE REVIEW
CORPORATE GOVERNANCE – ARTICLE REVIEW
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CORPORATE GOVERNANCE – ARTICLE REVIEW1
The following paper attempts a review of the given article that deals with the duties and
the liabilities that needs to be maintained by the board of directors of the organization. The paper
discusses the duties and the responsibilities of the board of directors alongside the functionalities
that need to be maintained by the board of directors that is existent within the organization. the
paper further discusses the independence as is maintained by the board and the legal and the
fiduciary requirements as are maintained by the organizational board of directors.
The purpose of the board of directors within the given organization is considered to be
advisory as well as oversighted in nature. The article attempts a discussion on the various roles
and responsibilities of the board of directors. The major function of the board of directors refer to
the activities that are required for the smooth functioning of the given organization (Unda, 2015).
The board of directors within the company is considered to be responsible for looking into the
issues that are faced by the concerned organization in discussion. The board is directly
answerable to the shareholders of the company. The major purpose of the board of directors is to
ensure the proper improvement of the prosperity of the company through the maintenance of the
directions of the affairs undertaken by the company in a collective manner. The board of
directors are also observed to have been discussing the issues that are presented on behalf of the
wishes and the demands of the various internal and external stakeholders within the organization
(Fernández-Gago, Cabeza-García & Nieto, 2016). The board of directors are also responsible for
the issues that are presented in the matters that are highlighted by the major shareholders of the
organization. The board of directors within an organization is also responsible for the
development of the corporate governance, the corporate ethics and the corporate social
responsibility that needs to be maintained within the given organization.

CORPORATE GOVERNANCE – ARTICLE REVIEW2
The functionalities of the board of directors within a given organization is majorly based
on the development of the company in the achievement of the activities of the organization. The
board of directors within the organization tend to deal with the management, representation,
supervision of the activities within the workforce of the organization (Gsb.stanford.edu., 2019).
The board of directors within the organization however is not responsible for the management of
the organization as a whole. The board is known to have been independent in their activity
towards the development of the overall performance of the company (Fuzi, Halim & Julizaerma,
2016). The board of directors of the organization are known to have been operating in the
accomplishment of the missions and the goals that have been set by the concerned management
of the organization. The board of directors within the organization is presided by the chairman of
the organization (Fuente, García-Sanchez & Lozano, 2017). The board of directors within the
organization is also held responsible for the development of the setting of the agenda, the
scheduling of the meeting, and the coordination of the actions that have been undertaken by the
members of the various committees within the organization.
The board of directors within an organization is known to have been independent in
nature as well as their activities within the organization. the board of directors within the
organization is held answerable to the shareholders and the chairman of the organization. The
only involvement of the board of directors with the organization in discussion is through the role
of the directors of the organization. The board of directors within the company is considered to
be responsible for looking into the issues that are faced by the concerned organization in
discussion (Liao, Luo & Tang, 2015). The board is directly answerable to the shareholders of the
company. The major purpose of the board of directors is to ensure the proper improvement of the
prosperity of the company through the maintenance of the directions of the affairs undertaken by