Outside Directors

Home » CMA Glossary Term » Corporate Finance » Outside Directors

Outside directors are defined as members of a company’s board of directors who are not part of the company’s executive management team. They provide independent oversight and bring external perspectives to board decisions, enhancing governance and accountability. Outside directors are often valued for their objectivity and expertise in various fields, contributing to strategic planning and risk management. Their role is crucial in ensuring that the interests of shareholders are prioritized.

CMA Exam Academy 16-Week Accelerator Program