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The role of the mother board is to guarantee the durability of the firm. However , there are several situations the place that the board may take a far more active role in the provider, such as for the activist buyer becomes a member. Such a board may participate in hiring and firing of management, and would monitor management’s performance. Usually, the procedure of the table is governed by point out and region laws, but corporate panels are also progressively subject to stock exchange listing specifications and national legislation.
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