A(n) _____________ board member is one who does not have any direct financial ties to the firm.

Question

Quizplus · Accepted Answer

An outside board member is one who is independent and does not have any direct financial ties to the firm. Related board members would have some sort of familial or business relationship with the company, while Inside board members would be employees or executives of the company. Operational board members may have direct involvement in the day-to-day operations of the company.

A(n) _____________ Board Member Is One Who Does Not Have