Ch. 12 Implementing Corporate Diversification

With M-Form corporate diversification comes the need for a corporate governance and ethical business oversight.  This roles is held by the board of directors.  A typical board of directors operates within various oversight committees.  The DuPont board of directors maintain five individual oversight committees.  These are the Auditing Committee, Corporate Governance Committee, Environmental Policy Committee, HR and Compensation Committee, and Science/Technology Committee.  These committee operate in the interest of the firm with committee charters and codes of conduct.  These serve support, check, and balance the authority of the Chief Executive Officer and other executive officers choosing the direction of the firm.

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