Who is responsible for the gov
Please write one paragraph of 150-200 words explaining what youhave learned about corporate governance in general and atGRUB HUB in particular.
Who is responsible for the governance of a corporation?
How is the Board of Directors selected?
What say do the owners of a company have on the governance of acorporation?
It is imperative that you spell and grammar check your workbefore posting it. The thread for Assignment 1 is in the AssignmentForum.
150-200 words or more NO SCREEN SHOTS OR IMAGES OF RESPONSE.PLEASE TYPE YOUR ANSWER OR UPLOAD DOCUMENT IF REQUIREMENTSMENTIONED ABOVE ARE NOT MET I WILL GIVE A NEGATIVE RATING
Answer:
Corporate governance refers to various policies, practices andrules which are used for controlling and directing a firm. Itendeavors to balance the interests of several stakeholders in afirm such as shareholders, management, employees and clients.
Grubhub has maintained solid system for corporate governance,whereby the Board of Directors is responsible for overseeing themanagement. The firm also has several committees and sub-committeessuch as Audit Committee and Compensation Committee.
The Board of Directors is selected by the executive team as wellas the shareholders by the way of voting
Shareholders are considered the owners of a company and they areeligible to exert control by exercising the voting right on theirshares. The appointment, dismissal and emoluments of directors areall governed by shareholders through their voting privileges.Similarly, founders of the business are also entitled to suchrights through their shareholding. However, they do not have rightsbeyond the privileges accorded by their shares.
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