28/11/2022
CISSP - Board of Directors
What is important in business is at the state level.
Independence is an extremely important factor that allows members of the Board of Directors to really work for the benefit of shareholders. This means that they have no close relatives who are employees of the company, they do not receive financial benefits from the company (which could influence their decisions or create a conflict of interest), no other activity affects their work, they are guided only by the interests of shareholders. Particular attention should be paid to this if the company is required to comply with the requirements of SOX (Sarbanes-Oxley Act), under which the Board of Directors is personally liable if the company cannot maintain an internal strategic corporate governance structure and / or if the SEC provides false financial information.
But we still need to reach such thinking (