Discuss Any Five Governance Practices That Support Director Independence from Management

question 65

Essay

Discuss any five governance practices that support director independence from management.

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Definitions:

Organizational Citizenship

Organizational citizenship involves voluntary behaviors employees exhibit to contribute to organizational effectiveness, beyond their contractual tasks.

Schwartz's Values Model

Schwartz's Values Model is a theory that outlines ten broad personal values, demonstrating how they are related and influence individual behavior.

Ethics

Moral principles that govern a person's behavior or the conducting of an activity, often used as a guide to distinguish right from wrong.

Moral Principles

Fundamental beliefs regarding what is right, fair, and just, which guide individuals’ behavior and decision-making processes.