By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DaiLy4mativeDaiLy4mative
  • Home
  • News
    • Business
    • Entertainment
    • Education
    • Sports
    • Health
  • TRAVEL
  • Books
  • Biography
Reading: Board of directors – Organization type
Share
Notification Show More
Latest News
Top Website Listing For Reliability of Service
September 24, 2023
List of top music and entertainment websites in Nigeria that are reliable
September 16, 2023
Alex Okosi biography, appointment as Managing Director for YouTube, age, state of origin, education and more
September 5, 2023
Foods that are known for their immune-boosting properties’ that can help prevent infection
July 19, 2023
Top northern leaders align with LP/PO as evidence of Election fraud abounds
May 10, 2023
DaiLy4mativeDaiLy4mative
Watch TV
  • Information
  • Education
  • Books
  • Business
  • COMPANIES
  • Education
  • Health
  • Lyrics
  • News
  • TRAVEL
  • More
    • BANKS
    • MP3 Download
    • News
    • Uncategorized
Have an existing account? Sign In
Follow US

Board of directors – Organization type

Board of directors - Organization type
Businessman listening to presentation during project meeting in office
SHARE
- Advertisement -
Contents
What Is Board of Directors (B of D)?A board of directors (B of D) is an elected group of individuals that represent shareholders. The board is a governing body that typically meets at regular intervals to set policies for corporate management and oversight. Every public company must have a board of directors. Some private and nonprofit organizations also have a board of directors. This also applies to German GMBH companies.Functions of a Board of Directors

What Is Board of Directors (B of D)?

A board of directors (B of D) is an elected group of individuals that represent shareholders. The board is a governing body that typically meets at regular intervals to set policies for corporate management and oversight. Every public company must have a board of directors. Some private and nonprofit organizations also have a board of directors. This also applies to German GMBH companies.

The board is responsible for protecting shareholders’ interests, establishing policies for management, oversight of the corporation or organization, and making decisions about important issues a company or organization faces.

Related Article Alex Okosi biography, appointment as Managing Director for YouTube, age, state of origin, education and more

Functions of a Board of Directors

In a broad sense, a corporate board of directors acts as a fiduciary for shareholders. The board is also tasked with a number of other responsibilities, including the following:

  • Creating dividend policies
  • Creating options policies
  • Hiring and firing of senior executives (especially the CEO)
  • Establishing compensation for executives
  • Supporting executives and their teams
  • Maintaining company resources
  • Setting general company goals
  • Making sure that the company is equipped with the tools it needs to be managed well

 

You Might Also Like

Top Website Listing For Reliability of Service

Alex Okosi biography, appointment as Managing Director for YouTube, age, state of origin, education and more

How Much Does Bad Bunny Charge For a Show

NCC to unveil new voice tariff between local, international operators

3 Things to observe in the Stock Market This Week

TAGGED: Board of directors
Eric June 21, 2021
Share this Article
Facebook Twitter Whatsapp Whatsapp Email Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Post

  • Top Website Listing For Reliability of Service
  • List of top music and entertainment websites in Nigeria that are reliable
  • Alex Okosi biography, appointment as Managing Director for YouTube, age, state of origin, education and more
  • Foods that are known for their immune-boosting properties’ that can help prevent infection
  • Top northern leaders align with LP/PO as evidence of Election fraud abounds

© Daily4mative. All Rights Reserved.

Removed from reading list

Undo
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Register Lost your password?