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RE: LeoThread 2025-01-20 13:15

in LeoFinance12 days ago

Part 7/9:

The appointment of Dana White serves as a case study for understanding the present-day functions of boards; appointments are often made not solely based on merit but can be rooted in personal connections and the strategic interests of the corporation. This connection to influential figures—like those in political spheres—can enhance companies’ marketability and public relations.

Moreover, the board’s role is frequently a networking opportunity for retired officials, enhancing direct communication pathways with government entities, thus creating a "cozy" atmosphere that may be seen as politically advantageous.

The Dilemma of Corporate Governance