While the advantages of an independent CEO and Chairman of the Board appear obvious, the advantages of the unified position are just as obvious when considering the day-to-day operations of a corporation.
It is often said that being on an audit committee is a part-time job with full-time responsibilities. It’s no wonder when you consider the broad and critical role that the audit committee plays. In essence, every audit committee’s role is to stand objectively in the gap between management, the external auditors and the people who provide the capital to make...
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