Directors are rarely compensated,but when they are,they cannot set their own compensation.

Question

Quizplus · Accepted Answer

Directors can set their own compensation, but it is subject to approval by the company's shareholders or board of directors to ensure fairness and avoid conflicts of interest. However, it is true that directors are rarely compensated for their work on the board, as it is often considered a voluntary or part-time position.

Directors Are Rarely Compensated,but When They Are,they Cannot Set Their