Following the Boeing 737 MAX crashes, investigations revealed sho best explains the governance failure and the board's subsequent coThe board had no formal risk or audit committees before the maintain leadership continuity during recovery.The risk and audit committees did not receive timely, accurate enhancing committee oversight on aerospace safety and sepa The board's risk and audit committees lacked independence, l appointing a combined CEO and chairperson to streamline de The board's committees were overly aggressive in questioning risk and audit committees to improve operational efficiency.