15:14 Jul 19, 2016 |
English language (monolingual) [PRO] Management | |||||||
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| Selected response from: Yvonne Gallagher Ireland Local time: 17:55 | ||||||
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SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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4 +5 | below |
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4 -1 | commoners vs. members of the House of Lords |
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Discussion entries: 1 | |
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below Explanation: it means some directors (whether majority or minority) are members of other boards as well, in common (along with) with some of the other directors. They are members of (sitting on) the same boards! So their memberships of boards are "overlapping" and hence they meet each other in various milieus in different companies (or could possibly be board members of public bodies as well). It happens a lot! Some people could be members of up too 20 different boards! Sometimes for money but mostly for prestige and networking I think... -------------------------------------------------- Note added at 10 mins (2016-07-19 15:25:09 GMT) -------------------------------------------------- https://en.wikipedia.org/wiki/Board_of_directors -------------------------------------------------- Note added at 14 mins (2016-07-19 15:28:30 GMT) -------------------------------------------------- http://www.sfu.ca/~mvolker/biz/bod.htm |
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