Boards of Directors
A Board of Directors is a group of individuals elected to represent the shareholders of a company. Their primary role is to oversee the management and ensure that the company is being run in the best interests of its owners. They make important decisions regarding company policies, financial performance, and strategic direction.
Members of the board typically include a mix of executives from within the company and independent members who bring outside perspectives. They meet regularly to discuss company performance, approve budgets, and evaluate the CEO and other top executives. This governance structure helps maintain accountability and transparency in business operations.