Oversight of the board of directors remains intact even when the roles of chief executive officer and chairman of the board merge.

Question

Quizplus · Accepted Answer

When the roles of chief executive officer and chairman of the board merge, the oversight of the board of directors may be compromised as the CEO is also responsible for leading the board. This can lead to potential conflicts of interest and a lack of independent oversight. Therefore, it is generally recommended to have separate individuals serving in these roles to ensure effective corporate governance.

Oversight of the Board of Directors Remains Intact Even When