Laws and regulations require independent outsider directors to lead important committees, such as audit and compensation. Why are these rules in place?
a. To ensure the best service during committee meetings
b. To speed up the committee process and increase efficiency
c. To ensure that personal relationships are honored during a compensation analysis
d. To avoid the influence of insider directors who may sway the Board in their self-interests
d. To avoid the influence of insider directors who may sway the Board in their self-interests
Business