Disney Holdings Ltd is a publicly listed company with its board composition as follows: The board
Question:
Disney Holdings Ltd is a publicly listed company with its board composition as follows:
The board of directors consist of 7 members.
The board chair holds 30% shareholding in the company who is also one of the non-executive directors.
There are 4 members as executive directors; 2 of which are the company’s CEO and CFO itself.
It also has one sub-committee, known as “audit committee”.
This committee has 3 members, which includes: the chair, an independent director and the CFO. They are competent enough to provide specific information about the company.
Required:
Review the structure of the board above and discuss potential areas that can lead to Disney’s governance failure.
Business Statistics
ISBN: 978-0321925831
3rd edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman