Name Abdul Rehman

ID 160112

Class BSAF 6

Subject Corporate Governance

Assignment 1

Instructions & Requirement

  3 to be from our headquarters area.
 We want no investment bankers, lawyers, retirees, or professional directors.
 We seek an age spread, staggered retirements, and an average age of 55 or less.
 We seek diversity. (We don’t want everyone to belong to the same club .)

In addition, we have listed 11 criteria that apply to all directors:

 Integrity.
 Wisdom.
 Independence.
 Valid business or professional knowledge and experience
 that can bear on our problems and deliberations.
 Proven record of accomplishment with excellent organizations.
 Understanding and general acceptance of our corporate
 philosophy.
 An inquiring mind.
 Willingness to speak one’s mind.
 Ability to challenge and stimulate management.
 Orientation to the future.
 Willingness to commit time and energy