Considerable ignorance exists as to what directors actually do. Increasingly the legitimacy of the board is being challenged. Much controversy surrounds the question of to whom the board should be responsible. The role of directors and the inevitability of stakeholder conflict are reviewed. The merits of different board structures are considered from the international perspective. Major conceptual alternatives are proposed. It is concluded that however mechanistically efficient structure may be, its success will be inhibited by the strategic skills of its constituents.
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