A key to unlocking the mysteries of the power enshrined in any entity over its members is to uncover a copy of a constitution or some form of memorandum of association.
This document sets out the objectives of an organisation and the kinds of processes, procedures and rules it can develop to regulate members. Understanding a board of directors’ powers will shine a light on how an entity behaves.
The case study of PwC International Limited is one such example given the controversy over how PwC Australia, the local partnership, engages with PwC International Limited, and the control that the international body might have over the domestic partnership.
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