Corporate boards are essential components of corporate governance, responsible for overseeing the management of a company. They make strategic decisions, ensure compliance with laws, and protect the interests of shareholders. Typically composed of a mix of internal and external members, these boards play a crucial role in guiding the direction of the organization. The effectiveness of a corporate board can significantly impact a company's performance and reputation. Board members are expected to bring diverse expertise and perspectives, fostering informed decision-making. Their responsibilities include evaluating executive performance, approving budgets, and addressing risks, all while maintaining accountability to stakeholders.