Definition: a Chief Executive Officer is the highest ranked manager of a corporation. He (or she) is primarily responsible to carry out the strategic plans and policies as established by the Board of Directors of which he is the chairman. He runs the corporation at the highest level. |
More on corporate governance: 3P Framework, Agency Problem, Belief System, Board of Directors, Boundary System, more on corporate governance... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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