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Part of the point of a board is to advise and temper the passions of the executives. This is why having board members subservient to the executives is always a
by village-idiot 8y ago
Part of the point of a board is to advise and temper the passions of the executives. This is why having board members subservient to the executives is always a warning sign, yes-men get the negative reputation they deserve.
- basch 8y agoWhen one person owns a majority of the voting shares, the board is just an advisory group. They have no power over him, except they have his attention and ear.
- village-idiot 8y agoI’m not saying it’s illegal, I’m just saying it’s a bad idea.