What employment decisions rise to the level of corporate board matters?
Which of the following corporate actions do you think requires board of directors' authorization: firing the CEO, laying off workforce, adopting a new handbook, adjusting a corporate officer’s compensation? Best corporate practices would say, all of them. Where a corporation undertakes a major employment decision, e.g., firing its CEO, that action must be duly authorized by the board of directors. Such removal of a corporate officer is placed with the power of the board by st
