Define: Two-Tier Board

UK Accounting Glossary

Definition: Two-Tier Board


Quick Summary of Two-Tier Board


A method of running a large organisation in which, in addition to a board of management, there is also a supervisory board.


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What is the dictionary definition of Two-Tier Board?

Dictionary Definition


This is a method of running a large organisation in which, in addition to a board of management, there is also a supervisory board.

It is claimed this approach provides an effective method of corporate governance.

In the UK, the normal practice is for a single board to consist of both executive and non-executive directors.


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Full Definition of Two-Tier Board



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https://payrollheaven.com/define/two-tier-board/
Modern Language Association (MLA):
Two-Tier Board. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 12, 2019 https://payrollheaven.com/define/two-tier-board/.
Chicago Manual of Style (CMS):
Two-Tier Board. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/two-tier-board/ (accessed: November 12, 2019).
American Psychological Association (APA):
Two-Tier Board. PayrollHeaven.com. Retrieved November 12, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/two-tier-board/

Definition Sources


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This glossary post was last updated: 6th May 2019.