Question

The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. The CEO generally works under the board and its chairman, and the board generally has the authority to remove the CEO under certain conditions. The CEO, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. It is possible for a person to simultaneously serve as CEO and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person.
A.True
b. Flase

Answer 1

Answer:

False

Explanation:

The reason of the board is check the performance of the CEO and take care the interest of the shareholders, if the CEO makes the two roles in the company, the board lose its faculties to check and demand to the CEO the results that they are expecting. In corporate governance the CEO does not play the two roles because the interest of one person could affect the strategy and objective leadership of the company that everyone waits from the firm