The CEO and Chairman of the board of directors Alta Corp. is dismayed by a lack of effort and insights his directors provide during board meetings. The directors are all outsiders, experienced, and run their own successful firms. The CEO/Chair genuinely seeks their greater involvement. What would you recommend?
A) Requiring that the directors own stock in the company.
B) Establish a formal process to evaluate the board's performance.
C) Electing an lead director.
D) All of these choices would increase involvement.
Correct Answer:
Verified
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