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One of the critical tasks of a mother board is to question managing and hold all of them accountable for all their actions. Nevertheless , studies suggest that the strengthen of asking in boardrooms is often unhelpful. Warren Buffett and Charlie Munger quote “If you keep belching all the time with the table, you will get provided in the kitchen” (Das, 2014). Teasing out the behavioral, psychological and cultural issues that impact how NEDs ask and managers answer questions can be described as promising area for investigate.

The term ‘boardroom’ refers to a gathering room utilized by a company’s mother board of administrators, a group of people elected simply by shareholders to symbolize them and protect the interests. Boards make main decisions that affect everyone from the workers a corporation employs to investors that own it is shares. An excellent boardroom needs to have a big enough table to seat each and every one members and be located in a setting that promotes privateness.

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