The Strategic Use of Corporate Board Committees
探讨董事会委员会(如审计、薪酬和提名委员会)的战略用途,包括维护公司合法性、保护董事免于过度责任以及参与战略制定,特别关注战略委员会的作用。
Much recent attention has been focused on committees of corporate boards of directors—particularly the audit, compensation, and nominating committees—as mechanisms for monitoring management and protecting shareholder interests. Board committees can also serve strategic purposes for the firm. This article discusses some of the strategic uses of board committees and focuses on their role in maintaining corporate legitimacy, protecting directors from excessive exposure to liability, and contributing to the formulation of corporate strategy. In particular, it examines the role of the board's strategy committee.