The board of directors of a listed company play a vital role when it comes to decision making and target setting. Although the board is ultimately accountable for the operation of the company, it may be beneficial for the board to delegate authority to its committees, namely Nomination Committee, Audit Committee, Risk Management Committee and Remuneration Committee, to deal with certain major matters to maintain high standards of corporate governance throughout the company.

Learn more from the full article (in Chinese only) written by Kenny Siu, Senior Advisor of AEC Group, published on Sing Pao on 16 August.