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A board of directors is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency . The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws ...
In corporate governance, a governance board also known as council of delegates are chosen by the stockholders of a company to promote their interests through the governance of the company and to hire and fire the board of directors . In civil service, a supervisory board or regulatory board is often a legislatively independent body with ...
The function of an advisory board is to offer assistance to enterprises with anything from marketing to managing human resources to influencing the direction of regulators. Advisory boards are composed of accomplished experts offering innovative advice and dynamic perspectives. [ 1] Meeting quarterly or biannually, boards can provide strategic ...
Worker representation on corporate boards of directors, also known as board-level employee representation (BLER) [ 1] refers to the right of workers to vote for representatives on a board of directors in corporate law. In 2018, a majority of Organisation for Economic Co-operation and Development, and a majority of countries in the European ...
Tricker, Bob and The Economist Newspaper Ltd (2003, 2009), Essentials for Board Directors: An A–Z Guide, Second Edition, New York, Bloomberg Press, ISBN 978-1-57660-354-3. Zelenyuk, Valentin; Zheka, Vitaliy (April 2006). "Corporate Governance and Firm's Efficiency: The Case of a Transitional Country, Ukraine". Journal of Productivity Analysis.
Independent director. An independent director (also sometimes known as an outside director) is a member of a board of directors who does not have a material or pecuniary relationship with company or related persons, except sitting fees. In the United States, independent outsiders make up 66% of all boards and 72% of S&P 500 company boards ...
The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group or organisation, presides over meetings of the group, and is required to conduct the group's ...
The International Finance Corporation ( IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.