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The board of directors of public enterprise is appointed by who?

Commerce
JAMB 2018

The board of directors of public enterprise is appointed by who?

  • A. Employees
  • B. management
  • C. government
  • D. shareholders
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Correct Answer: Option D
Explanation

In a stock corporation, non-executive directors are voted for by the shareholders and the board is the highest authority in the management of the corporation. The board of directors appoints the chief executive officer of the corporation and sets out the overall strategic direction.

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