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Board of directors
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A board of directors is a body of elected or appointed persons who jointly oversee the activities of a company or organization. The body sometimes has a different name, such as board of trustees, board of governors, board of managers, or executive board. It is often simply referred to as "the board."
A board's activities are determined by the powers, duties, and responsibilites delegated to it or conferred on it by an authority outside itself. These matters are typically detailed in the...
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