Boards of directors can play a crucial role in building companies. They act as a strategic asset that can help guide management while providing the knowledge and experience necessary to navigate a variety of challenges. In addition to supporting management, boards also help to ensure that the interests of shareholders, whom they represent, are protected, as well as those of employees, customers, and other stakeholders.

I wrote an article a couple of years back about the lack of independence of the so-called independent directors on company boards in Pakistan (link here from profit editors) While that piece was written with the larger listed corporate entities in mind, in today’s article, I would like........

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