One of the key conditions of successful operation of the company is correct distribution of competences between its management bodies.
Thus, owners must focus on the company’s future, the board of directors must reasonably approve or reject decisions on acquiring new businesses and entering new markets, and the board or the director must ensure achievement of the goals set and coordinated performance of work by all employees.
Exactly such correct setting of the corporate governance is also the key to higher attractiveness of enterprises for investors.