The document discusses the role and importance of boards of directors in companies. It states that boards of directors represent shareholders and are responsible for efficiently governing the company. They decide on the company's objectives like creating shareholder value while considering stakeholders. Boards also define the company's strategies and processes through oversight. The document emphasizes that having boards of directors is very important for companies, including HCB, as their functions are different from simply having engineers manage operations. It provides an example that HCB's board is 85% owned by Companhia eléctrica of Zambeze and 15% by the Portuguese government, chaired by Dr. Paulo Muxanga.
The document discusses the role and importance of boards of directors in companies. It states that boards of directors represent shareholders and are responsible for efficiently governing the company. They decide on the company's objectives like creating shareholder value while considering stakeholders. Boards also define the company's strategies and processes through oversight. The document emphasizes that having boards of directors is very important for companies, including HCB, as their functions are different from simply having engineers manage operations. It provides an example that HCB's board is 85% owned by Companhia eléctrica of Zambeze and 15% by the Portuguese government, chaired by Dr. Paulo Muxanga.
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Attribution Non-Commercial (BY-NC)
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The document discusses the role and importance of boards of directors in companies. It states that boards of directors represent shareholders and are responsible for efficiently governing the company. They decide on the company's objectives like creating shareholder value while considering stakeholders. Boards also define the company's strategies and processes through oversight. The document emphasizes that having boards of directors is very important for companies, including HCB, as their functions are different from simply having engineers manage operations. It provides an example that HCB's board is 85% owned by Companhia eléctrica of Zambeze and 15% by the Portuguese government, chaired by Dr. Paulo Muxanga.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online from Scribd
The board of directors a development instrument and application of the corporate
government, they are entity of all the shareholders' of a company representation for its administration. The function of an administration advice not and of operating as a group of administration consultants, but to govern efficient the company, there are advantages. The advices decide for what it serves the company (Creating values for the shareholders, without neglecting of the stakeholders) and which the company will do (to produce or to market products and services) for you give to specify processes of strategies and control. Then, Very important to have board of directors in the companies and we also needed in HCB, not just of engineers simply to drive the company. The functions are totally different, so much that in HCB the structure shareholder points for 85% for Companhia eléctrica of Zambeze and 15% for the Portuguese government and it is commanded by Dr. Paulo Muxanga.