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In general, the role of the board is to provide high-level oversight of corporate activities and performance, while some individual board members may take on more involved or activist roles. Directors actions can have a critical impact on a companys profitability.
What is the board of a company?
A board of directors (BofD) is the governing body of a corporation or other organization, whose members are elected by shareholders (in the case of public companies) to set strategy, oversee management, and protect the interests of shareholders and stakeholders.
Which group is called board?
: a group of persons having managerial, supervisory, investigatory, or advisory powers. She is on the banks board of directors. board of examiners. a board member.
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