A Corporate Resolution is a formal document that records decisions made by a company's board of directors or shareholders. It serves as an official record of actions taken, such as approving a new business strategy, authorizing a loan, or appointing officers. This document is essential for maintaining transparency and accountability within the organization. Typically, a corporate resolution includes details like the date of the meeting, the names of those present, and the specific decisions made. It is often required for legal and financial purposes, ensuring that the company operates within its established guidelines and complies with regulations.