Board Of Directors - B Of D

外汇网2021-06-19 13:54:48 44

A group of inpiduals that are elected as, or elected to act as, repsentatives of the stockholders to establish corporate management related policies and to make decisions on major company issues. Such issues include the hiring/firing of executives, pidend policies, options policies and executive compensation. Every public company must have a board of directors.

|||In general, the board makes decisions on shareholders' behalf. Most importantly, the board of directors should be a fair repsentation of both management and shareholders' interests; too many insiders serving as directors will mean that the board will tend to make decisions more beneficial to management. On the other hand, possessing too many independent directors may mean management will be left out of the decision-making process and may cause good managers to leave in frustration.

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