Need assistance responding this post in a personal opinion.

A classified board of directors is typically separated into classes. Each class serves staggered term lengths before running for re-election. In a declassified board of directors, all members are re-elected annually (Kim, 2016). Investors prefer a declassified board of directors as members are held more accountable for their decisions. Declassified board members tend to be more receptive to the wishes of shareholders. The annual re-elections can help prevent governing entrenchment. Governing entrenchment can be detrimental to a firm because members act with only their self-interest in mind. The popularity of declassified boards has risen among large cap firms with nearly 90% adopting the declassified board system (Bremer, 2017). A classified board system has been proven to focus more on a firms long-term gains over short-term profits. Often, members of a declassified board will focus only on short-term profits which can have a negative long-term impact on the firm. Since members serve longer terms, classified boards provide job stability which can prevent hostile takeovers. The longer terms also instills a feeling of commitment to the firm and increases concentration among members. Board members are given the opportunity to build a knowledgeable background of the firm. A board member with knowledge of the firms past can be an asset when making future decisions (Bremer, 2017).