The apparent weaknesses in the corporate governance practices of Advanced Disposal Services Inc. include lack of training for managers and lack of structure.
It should be noted that corporate governance refers to the system of rules and processes through which a company is controlled and directed.
In this case, the weaknesses in the corporate governance practices of Advanced Disposal Services Inc. include lack of training for managers and lack of structure.
This was illustrated as one of the directors, who would be retiring by rotation this year, who had been an independent non-executive director for almost of the board.
The appropriate practice of governance should be timely director training and board evaluation, and good structure.
The problem facing the Advanced Disposal Services Inc regarding the long-serving non-executive director is that there should be a duration for the directors.
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