corporate board

Governance oversight group

A corporate board is the group of individuals elected to oversee a company's management and represent shareholders' interests.

The board hires and fires executives, sets strategy, and approves major decisions.

Members are called directors or board members: She was appointed to the corporate board after the merger.

Also called a board of directors.

Related

chairman · CEO · golden parachute · meetings · fiduciary · fiduciary duty · voting · proxy · proxy fight · hostile takeover · seats · bylaws · oversight · rubber stamp · quarterly · annual report · agenda · minutes

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organizational hierarchy

corporate boardshop floor

Industrial production workspace

labor force · workforce · management · executive team · individual contributor

governance structure

corporate boardworker cooperative

Firm owned by its labor force

direct democracy · sole proprietor · autocrat · collective ownership · single owner

stakeholder relationship

corporate boardlabor union

Collective bargaining group

workers' council · employees · organized labor · trade union · rank and file

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corporate, board, corporation, corporations, corporates, corporatism, corporatist, incorporate, incorporated

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