London School of Economics and Political Science LSE is incorporated under the Companies Act as a company limited by guarantee and is an exempt charity within the meaning of Schedule Two of the Charities Act 1993. The principal governance bodies of the LSE are: the LSE Council; the Court of Governors; the Academic Board; and the Director and Director’s Management Team. The LSE Council is responsible for strategy and its members are company directors of the school. It has specific responsibilities in relation to areas including: the monitoring of institutional performance; finance and financial sustainability; audit arrangements; estate strategy; human resource and employment policy; health and safety; educational character and mission, and student experience. The council is supported in carrying out its role by a number of committees which report directly to it. The Court of Governors deals with certain constitutional matters and has pre-decision discussions on key policy issues and the involvement of individual governors in the schools activities. The court has the following formal powers: the appointment of members of court, its subcommittees and of the council; election of the chair and vice chairs of the court and council and honorary fellows of the School; the amendment of the Memorandum and Articles of Association; and the appointment of external auditors. The Academic Board is LSEs principal academic body, and considers all major issues of general policy affecting the academic life of the School and its development. It is chaired by the director, with staff and student membership, and is supported by its own structure of committees. The Vice Chair of the Academic Board serves as a non-director member of the council and makes a termly report to the Council.
Posted on: Sat, 16 Aug 2014 02:38:53 +0000
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