STAGGERED BOARD

💼 Staggered Board – Corporate Governance Lesson Learn about a staggered board, a structure used to protect companies from hostile takeovers. 💡 Meaning: A staggered board is a system where directors are elected in different terms, so only a portion of the board is replaced each year. 💡 Key Points: • Directors serve overlapping terms (e.g., 3-year cycles) • Only a fraction of the board is elected annually • Makes it harder for outsiders to gain control quickly • Acts as a defense against hostile takeovers 🎯 Who Should Watch: Corporate governance, finance, and KASNEB students 💻 Learn more: www.manifestedkasneb.com 📞 WhatsApp/Call: +254 724 173 845 #StaggeredBoard #CorporateGovernance #TakeoverDefense #KASNEB #ExamPrep #ManifestedPublishers