CFA Latest CFA Level 1 Discussions Question of the Week – Corporate Finance

Question of the Week – Corporate Finance

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    • AdaptPrep
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      Of the following, which is
      the least necessary qualification for a member of a company’s Board of
      Directors?

      • Being in good standing with management
      • Having attentive and competent expertise
      • Regularly attending meetings
    • AdaptPrep
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      It is not necessary for a Board member to
      enjoy talking with management
      , or
      vice versa. And while antagonism isn’t necessarily the goal, you don’t want the
      Board to become too close with management, or they may lose some independence.

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