Tuesday, May 11, 2021 1:10:16 PM
Board of Directors (B of D) Definition - Investopedia
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.
They represent shareholders, and shareholders are owners of the company. Ergo, they represent the company.
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