OTCPK:EXSFF - Post by User
Post by
starresultson May 25, 2013 9:44am
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Post# 21444106
EXS: Board of Directors
EXS: Board of Directors Do you think that the EXS Board of Directors (below) is fulffilling their fiduciary duties to shareholders? (see duties below)
/en.wikipedia.org/wiki/Board_of_directors#cite_note-4" style="text-decoration: none; color: rgb(11, 0, 128); background-image: none; white-space: nowrap; background-position: initial initial; background-repeat: initial initial;">[4][5]
- governing the organization by establishing broad policies and objectives;
- selecting, appointing, supporting and reviewing the performance of the chief executive;
- ensuring the availability of adequate financial resources;
- approving annual budgets;
- accounting to the stakeholders for the organization's performance;
- setting the salaries and compensation of company management.
The legal responsibilities of boards and board members vary with the nature of the organization, and with the jurisdiction within which it operates. For
/en.wikipedia.org/wiki/Public_corporations" style="text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;" title="Public corporations">companies with publicly trading stock, these responsibilities are typically much more rigorous and complex than for those of other types.