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Role of Chairman vs. Managing Director

question 1 of 2 course: Biomedical Science(Degree)
question 1 of 2 course: Biomedical Science(Degree)

Q: Good corporate governance allows different people to hold the roles of chairman and managing director.

Did You Know?

The Operating Ratio measures operating expenses as a percentage of revenue. A LOWER operating ratio is more favourable, as it indicates higher efficiency (lower costs relative to revenue). For all other ratios listed (stock turnover, liquidity, net profit), a higher ratio is generally better.

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The Operating Ratio measures operating expenses as a percentage of revenue. A LOWER operating ratio is more favourable, as it indicates higher efficiency (lower costs relative to revenue). For all other ratios listed (stock turnover, liquidity, net profit), a higher ratio is generally better.

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