Board of directors
Executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency.- Board of directors
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The chairperson (also chair, chairman, or chairwoman) is the presiding officer of an organized group such as a board, committee, or deliberative assembly.
Body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses.
Corporate law regulates how corporations, investors, shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community, and the environment interact with one another.
Legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any individual who holds property, authority, or a position of trust or responsibility to transfer the title of ownership to the person named as the new owner, in a trust instrument, called a beneficiary.
Although in the strictest sense of the term a trustee is the holder of property on behalf of a beneficiary, the more expansive sense encompasses persons who serve, for example, on the board of trustees of an institution that operates for a charity, for the benefit of the general public, or a person in the local government.
Legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners.
The organization may be controlled by its members who elect the board of directors, board of governors or board of trustees.
In the United States, a board often governs institutions of higher education, including private universities, state universities and community colleges.
In general, they operate as a board of directors, and they vary by formal name, size, powers, and membership.
One of a number of corporate executives charged with the management of an organization – especially an independent legal entity such as a company or nonprofit institution.
The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element.
In corporate governance, a company's articles of association (AoA, called articles of incorporation in some jurisdictions) is a document which, along with the memorandum of association (in cases where it exists) form the company's constitution, and defines the responsibilities of the directors, the kind of business to be undertaken, and the means by which the shareholders exert control over the board of directors.
Individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation.
The board of directors of a corporation generally governs a corporation for the benefit of shareholders.
Leader of an organization, company, community, club, trade union, university or other group.
In some organizations the president has the authority to hire staff and make financial decisions, while in others the president only makes recommendations to a board of directors, and still others the president has no executive powers and is mainly a spokesperson for the organization.
Activity of making one's living or making money by producing or buying and selling products .
Corporation: The owners of a corporation have limited liability and the business has a separate legal personality from its owners. Corporations can be either government-owned or privately owned, and they can organize either for profit or as nonprofit organizations. A privately owned, for-profit corporation is owned by its shareholders, who elect a board of directors to direct the corporation and hire its managerial staff. A privately owned, for-profit corporation can be either privately held by a small group of individuals, or publicly held, with publicly traded shares listed on a stock exchange.