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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.
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.
: 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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