The combined chairperson/CEO position is being increasingly criticized because of the potential for conflict of interest.

Question

Quizplus · Accepted Answer

The statement is true - the combination of the chairperson and CEO roles can create a conflict of interest, as the CEO may prioritize short-term profits over long-term sustainability and stakeholder interests, while the chairperson may be responsible for ensuring effective oversight and governance. This has led to calls for separating the two roles or creating independent board chairpersons.

The Combined Chairperson/CEO Position Is Being Increasingly Criticized Because of the Potential