By permitting one individual to function as both the chief executive officer of a company and the chairperson of its board, the board is given the benefit of leadership from someone who is in touch with the inner workings of the organization.

Question

Quizplus · Accepted Answer

By having one individual serve as both CEO and chairperson, the board can benefit from their firsthand knowledge and understanding of the company's operations and culture. However, there are also potential drawbacks to this arrangement, such as a lack of checks and balances on the CEO's power and potential conflicts of interest.

By Permitting One Individual to Function as Both the Chief