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A Board of Directors Is Interviewing Individuals for a CEO

question 40

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A board of directors is interviewing individuals for a CEO position of a nonprofit organization. The directors want to ensure the person they hire has the personality that matches the organization's mission. The board members want to ensure:


Definitions:

Common Shares

Equity securities that represent ownership in a corporation, giving shareholders voting rights and a residual claim on corporate earnings in the form of dividends.

Total Equity

Represents the value left in a company after all liabilities have been subtracted from assets, essentially the net assets owned by shareholders.

Net Income

The total profit of a company after all expenses and taxes have been deducted from total revenue.

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