A board composed primarily of outside directors will have better insights as to the firm's 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, day-to-day knowledge about the firm's operations and strategic initiatives as inside directors, who are more involved in the company's management.

A Board Composed Primarily of Outside Directors Will Have Better