A board comprised primarily of outside directors will have better insights as to the firms intended strategic initiatives, the reasons for the initiatives, and the outcomes expected from them than will inside directors.

Question

Quizplus · Accepted Answer

Outside directors may not have the same level of detailed knowledge about the company's internal operations and strategic initiatives as inside directors, who are more involved in the day-to-day management of the company.

A Board Comprised Primarily of Outside Directors Will Have Better