MANAMA: In the times of Covid-19, corporate leaders like board members and management need to ‘apply and explain’ rather than ‘comply or explain’, a Bahrain-based expert has said.
The former approach means that organisations are required to take certain measures, but also to explain the measures and their results, whereas in the ‘comply or explain’ approach, it is left up to the market to decide what actions are appropriate for individual companies .
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