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Governance and Nominating Committee
Corporate governance begins with the board of directors, regardless of the size of the corporation and any other rules to which the corporation may be subject due to its status as a “public company”. Fulfillment of the duties and responsibilities of the board of directors with respect to compliance with corporate governance regulations and principles is typically led by a board-level governance and nominating committee. One of the most important activities in the governance framework is identifying and selecting qualified directors and the governance and nominating committee is the primary source of nominees to join the board. Most small venture-backed companies use the entire board as the nominating committee ...
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