CFAI reading 34 - question 11. How would “the board’s failure to make the health insurance and retirement concerns of board members an agenda item” be a corporate governance shortcoming of the board? I would have thought that not pushing for perks is a GOOD thing to have in a board!
I’m gussing they’re trying to make a place for ethcis in business. The board is charged with keeping management aware of industy/other firms advances to keep them competitive on all levels.
Yeah but not to use the competition’s salary ranges as a base of course just kidding!!!