Sentence examples for function of the board from inspiring English sources
The function of the Board under § 2, Ninth is more the function of a referee.
It is simply a confirmation of the principle that the courts must take a flexible approach to the problem so that the standard which is applied varies with the role and function of the Board which is being considered.
If the inquiry strays off to something from that thought, [the press] will stray into something that will sow the seeds of its own destruction". Bailey says the primary function of the board is not to concern itself with the detail of editorial but to drive the company's strategy, deliver value to shareholders and ensure policies on areas such as succession are in place.
It is, therefore, difficult to understand how the Court of Appeals could conclude that the acts of Toolco in controlling, allegedly to the injury of TWA, the timing, the financing, and the flow of new equipment to TWA were unrelated to any function of the Board under the Act.
It seems unlikely that director meetings will ever be the primary means for shareholders to interact with companies given the oversight function of the board, directors cannot be expected to have the details as to business matters that shareholders generally wish to discuss.
Fast decision making, as the second attribute that relates to the meta-organization's competence boundary, pinpoints likewise that the function of third party decision making reflects the function of the board rather than of ordinary courts.
It is staffed by "guardians" who have the quasi-parental function of the boarding school housemaster or mistress: these worthies bear the knowledge of their charges' fate as best they can.
State Street Global Advisors ("SSgA") believes that board refreshment and planning for director succession are key functions of the board.
As part of that report, Mr. Webb interviewed dozens of past board members about their knowledge of Mr. Grasso's pay and the functioning of the board.
Please indicate to what extent you agree with the following statements concerning the functioning of the Board of Directors as a whole.
