Difference between revisions of "Board of directors"
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| − | [[board of directors]] (also known by its abbreviation [[BOD]]) is a group of individuals elected by [[stockholder]]s to establish organizational policies and make management decisions. | + | A [[board of directors]] (also known by its abbreviation [[BOD]]) is a group of individuals elected by [[stockholder]]s to establish organizational policies and make management decisions. |
==Definition== | ==Definition== | ||
According to the [[Strategic Management by David and David (15th edition)]], | According to the [[Strategic Management by David and David (15th edition)]], | ||
Latest revision as of 21:46, 15 July 2020
A board of directors (also known by its abbreviation BOD) is a group of individuals elected by stockholders to establish organizational policies and make management decisions.
Definition
According to the Strategic Management by David and David (15th edition),
- Board of directors. A group of individuals above the CEO, who have oversight and guidance over management and who care for shareholders' interests.
