Which of the following describes the role of non-executive directors?

Non-executive directors play a critical role in the governance of an organization, primarily focused on providing oversight, guidance, and strategic direction rather than being involved in day-to-day operations. By being involved in policy-making and planning exercises, non-executive directors contribute to the organization’s overall strategy, helping ensure that management's actions align with the interests of stakeholders.

Their involvement typically includes offering independent perspectives on various issues, questioning the management's decisions, and bringing specific expertise gleaned from their own professional experiences. Non-executive directors are essential in fostering good governance practices, which can include aspects like risk management and compliance.

This role is distinct from other aspects of governance; for instance, non-executive directors do not manage daily operations, nor are they confined to financial roles alone. They also do not have restrictions on attending board meetings; in fact, their participation is necessary to benefit from the collective insights during decision-making processes.