usually referred to as a conglomerate. the stricter definition would state that a parent company with numerous wholly owned companies or subsidiaries is a conglomerate. But it follows that when wholly owned by a single company that the owning company has only one board.
Monarchyyy aaaaaaaaaah
Board of directors is a group of people who are elected or appointed to an organisation to direct the strategy of the organisation.
The Board of Directors, who are the representatives of the shareholders.
A corporation is managed by directors and officers. Directors act as a group known as a board of directors. The board of directors is the corporation's governing body. It manages the corporation's business and affairs and has the authority to exercise all of the corporation power. How a corporation is controlled? The term "corporate control" refers to the authority to make the decisions of a corporation regarding operations and strategic planning, including capital allocations, acquisitions and divestments, top personnel decisions, and major marketing, production, and financial decisions.
The Composition of the Board of Directors of the Bank is governed by the Companies Act, 1956, the Banking Regulation Act, 1949 and the listing requirements of the Indian Stock Exchanges where securities issued by the Bank are listed. The Board has strength of 12 Directors as on March 31, 2008. All Directors other than Mr. Aditya Puri, Mr. Harish Engineer and Mr. Paresh Sukthankar are non-executive directors. The Bank has five independent directors and seven non-independent directors. The Board consists of eminent persons with considerable professional expertise and experience in banking, finance, agriculture, small scale industries and other related fields. None of the Directors on the Board is a member of more than 10 Committees and Chairman of more than 5 Committees across all the companies in which he/she is a Director. All the Directors have made necessary disclosures regarding Committee positions occupied by them in other companies. Mr. Jagdish Capoor, Mr. Keki Mistry, Mrs. Renu Karnad, Mr. Vineet Jain, Mr. Aditya Puri, Mr. Harish Engineer and Mr. Paresh Sukthankar are non-independent Directors on the Board. Mr. Arvind Pande, Mr. Ashim Samanta, Mr. Gautam Divan, Mr. C. M. Vasudev and Dr. Pandit Palande are independent directors on the Board. Mr. Keki Mistry and Mrs. Renu Karnad represent HDFC Limited on the Board of the Bank. Mr. Vineet Jain represents Bennett, Coleman Group on the Board of the Bank. The Bank has not entered into any materially significant transactions during the year, which could have a potential conflict of interest between the Bank and its promoters, directors, management and/or their relatives, etc. other than the transactions entered into in the normal course of business. The Senior Management have made disclosures to the Board confirming that there are no material, financial and/or commercial transactions between them and the Bank which could have potential conflict of interest with the Bank at large. BOARD OF DIRECTORS Mr. Jagdish Capoor Mr. Aditya Puri Mr. Keki M. Mistry Mr. Vineet Jain Mrs. Renu Karnad Mr. Arvind Pande Mr. Ashim Samanta Mr. C M Vasudev Mr. Gautam Divan Dr. Pandit Palande Mr. Paresh Sukthankar The current chairman is Deepak Parekh.
Monarchyyy aaaaaaaaaah
Monarchyyy aaaaaaaaaah
The president (as in most cases the CEO) is chosen by the board of directors, a group elected by a vote of the corporation's stockholders. Note: In small corporations, it is the incorporator, (the person that filled in the paperwork and paid the fee, seeing that they own all the stock
A Board
Board of directors is a group of people who are elected or appointed to an organisation to direct the strategy of the organisation.
A group of directors is called a board of directors. A board of directors is made up of many individuals that help control a company, like the president, vice president, chief executive officer, treasurer, and secretary.
Usually they are referred to as the Board of Directors.
a boreed 😛
No, simply director. The board refers to the entire group of directors collectively.
A board of directors is the group of individuals responsible for the strategic management of a corporation. Some of the board of directors titles are Chairman or President, Vice Chair or Vice President, Secretary, Treasurer and Board Members.
A group of directors is called a board of directors. A board of directors is made up of many individuals that help control a company, like the president, vice president, chief executive officer, treasurer, and secretary.
trust