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Setting up a Board

10 Mar 2017

Each company has to consider its own situation and circumstances when setting up a Board. 

For example, small privately owned companies might not be concerned with many of the issues that preoccupy large listed companies.

This factsheet provides guidance on setting up a new board of directors for a company. It covers structuring a board, boards of private companies, deciding board composition, appointing non-executive directors and the role of the nomination committee.

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The information in this guidance is intended for general information purposes only and does not constitute legal or professional advice. The IoD does not accept any responsibility for any loss which may arise from relying on information contained in this article. It is not a substitute for legal advice and specific and personal legal advice should be taken on any individual matter. IoD does not recommend any firms. The IoD is not accountable for the products, services, acts or omissions on the website(s) linked to this page. Website terms and conditions apply.

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