Chairman of the Board

Knowledge Center



Summary, forum, best practices, expert tips and information sources.

 

What is a Chairman of the Board? Meaning.

Chairman of the Board is the highest-ranking corporate officer. His formal function is to preside over board meetings.


Corporate Governance System and the CEO

  1. Compulsory one-tier system: In countries with a one-tier board structure (USA, UK, Ireland, Canada, Spain, Japan) the Chief Executive Officer normally also holds the position of Chairman of the Board. He then heads the (combined) Board of Directors.
  2. Compulsory two-tier system: In case of a two-tier board structure (Germany, Austria) there are two boards: the Board of Directors and the Supervisory Board. In this corporate governance system, the CEO is only the chairman of the Board of Directors, but not of the Supervisory Board. There is a formal division of power. Italy and Portugal require a Board of Auditors separate from the board.
  3. Choice: In many other countries (France, Belgium, The Netherlands, Luxembourg, Greece, Italy, Denmark, Finland, Slovenia, Bulgaria, Hungary) there is a choice for a one- or two tier board structure.

More on Corporate Governance.


Power of the Chairman

Besides the mentioned one- or two-tier board structure, the power and authority of the Chairman depends on a number of additional factors including:

  • The personality and clout of the chairman and the CEO.

  • The culture or climate of board meetings.

  • The composition of the board.

  • The boards' level of participation in the selection of the CEO and of the other top managers.

  • The board's ability to shape, monitor and/or control the implementation of the strategy.


Special Interest Group

Chairman of the Board Special Interest Group.



Special Interest Group (27 members)

Forum  

Forum about the Chairman of the Board.


🔥 NEW What is an Executive Manager?
What is the role of an 'Executive Manager' in the Board architecture? (...)
3
 
2 reactions
 
Chair of the Board (CoB) in USA and Canada
In North America and Canada there are many derivatives related to the term "CEO". In the association world, of which I a (...)
3
 
0 reactions
 
Best Practices

The top-rated discussion topics about the Chairman of the Board. Here you will find the most valuable ideas and practical suggestions.


Expert Tips

Advanced insights about the Chairman of the Board. Here you will find professional advices by experts.


How Long Should a CEO Remain in the Job?

CEO Performance, CEO Life Cycle, CEO Tenure, CEO and Board Relation (...)
   
 
 
 
Information Sources

Various sources of information regarding the Chairman of the Board. Here you will find powerpoints, videos, news, etc. to use in your own lectures and workshops.


Corporate Governance: What Role does the Board of Directors Have?

Corporate Governance, Board Governance, Chairman of the Board, Corporate Secretary (...)
 
 
 
 

Interview W. Ouchi: Governance versus Management

Introduction to Corporate Governance (...)
 
 
 
 

Compare with: Chief Executive Officer  |  Chief Financial Officer  |  Chief Operating Officer  |  Leadership Styles  |  Strategic Stakeholder Management  |  Parenting Styles

Special Interest Group Leader

Are you an expert in the Chairman of the Board? Sign up for free

Link to this knowledge center

Copy this code to your web site:

 
 

Return to Management Hub: Change & Organization  |  Communication & Skills  |  Decision-making & Valuation  |  Ethics & Responsibility  |  Leadership  |  Strategy


More on Management  |  Return to Management Dictionary  | 

 

This ends our Chairman of the Board summary and forum.



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2020 12manage - The Executive Fast Track. V15.6 - Last updated: 25-11-2020. All names of their owners.