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Boards of Directors

  • Nir Kossovsky

Abstract

Elected by shareholders, the board of directors in a stock corporation is the highest management authority. Its most critical duties are to select and compensate senior management, protect the assets of the corporation, and approve strategy—the company’s approach to marshaling and deploying resources to meet corporate objectives. Each of these duties leads to corporate actions that establish a company’s reputation among its various stakeholders.

Keywords

Corporate Governance Audit Committee Executive Compensation Corporate Reputation Compensation Committee 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Endnotes

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© Nir Kossovsky 2012

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  • Nir Kossovsky

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