Advantages of having outsider as the chairman of board

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How have monitoring mechanisms/players changed over time? What are the trends and changes and in your view have these changes improved corporate governance? Explain how they did or did not. 

The relationship between chairman of the board and the top management in a corporation is important. Discuss the possible advantages and disadvantages of having an outsider as the chairman of the board. How do non-executives contribute to the strategy of the company? Provide at least two examples from corporations to support your answer

Reference no: EM1320114

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