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Chapter 11
Committees
4.1 Definition
A committee is a group of people who are appointed to administer,
discuss or make reports concerning a subject.
We have considered two committees that are required as part of corporate
governance – the audit committee and remuneration committees.
How are these committees, and indeed committees in general, run?
4.2 The purposes of committees
Purposes of committees include:
Decision
making
Relaying
decisions and Consultation
instructions
Tasks
Brainstorming
– free Providing
exchange to advice and
generate new information
ideas and
approaches Participative
problem
solving
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