Corporate Governance at Freese and Nichols (F&N), a US engineering services company, was focussed on protecting the interests of stakeholders. Governance was vested in thirty-four employee stockholders, nine of whom, on a rotating basis formed the Board, along with two outside directors. The Board established company policies, led the strategic planning process, approved annual budgets,…

BPIR Categories

8.1.3 Develop and administer governance system
2.4.1 Design the organisational structure

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