answersLogoWhite

0


Best Answer

That can vary a lot. At the least, they appoint (by voting or other means) the executive officers of the company, not the least of which is the CEO. They set the general parameters of the company, and guide the direction of it. That's a lot of power.

As to duties, all Directors have various fiduciary duties no matter what, and these are prescribed by law. Additionally, the bylaws or regulations of the company - as well as it's original charter - may assign duties to the Directors.

But as I said, it can vary a lot.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Scope of the power and the duties of a company directors?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What represents the most direct power that stockholders have over the operations of a company?

Stockholders can vote for the members of the board of directors


What represents most direct power that stockholders have over the operations of the company?

Stockholders can vote for the members of the board of directors


Which of the following Represents The Most Direct Power That Stockholder's Have Over The Operations Of A Company?

Stockholders can vote for the members of the board of directors


What represents the most direct power that stock holders have over the operation of a company?

stockholders can vote for the members of the board or directors


How can a directors can be remove?

Artticles of Amendment Directors are elected to their positions by the shareholders of the corporation. The shareholders have the legal power to remove directors.


Company promoter and duties of promoter?

The promoter is a business term.it is used to describe the person or person who initially take all necessary steps to form a company with reference to a given object and set it going. "According to L.H haney promotion may be defined as the process of organization and and planing the finance of a business enterprise under the corporate form". Duties of promoter:- The main duties of a promoter are as follow: 1) To discover an idea for establishing a company. 2) To make detailed investigation about the demand for the product, availability of power labour raw material, etc. 3) To find out suitable persons who are willing to act as first directors of the company and are ready to sign on the memorandum of association. 4) To select bank, legal advisor,auditors,underwriters for the company. 5) to prepare essential documents of the company.


Do directors have a say in what actors are hired?

It varies. Some directors have more power than others.


Why is the object clause of the company is important for a business?

The object clause determines the capacity of the Company. It indicates the extent of Company's powers and the sphere of the activities. It defines as well as confines the scope of the Company's powers and the Company cannot act beyond the powers defined in it. Objects clause is contained in the memorandum of association and sets out the powers of the directors in running the company. Traditionally, each power of the company had to be enumerated, which resulted in detailed statements as to the powers of the company. Companies are now able to use the phrase 'to carry on the business of a general commercial company' rather than use exhaustive lists of enumerated powers. A.R. OPU (BD)


When looking for a scope what does the 6 mean in 6-24x40mm?

This is a variable power scope- from 6 power to 24 power. The front lens (objective lens) is 40mm in diameter.


What is Difference between board of directors and board members?

Board directors and board members may sit on the same board. However, members do not have a power of veto, and the board of directors does.


Is there a rifle scope that can change its magnification with like a knob or something?

Yes- called a variable power scope. Perhaps the most common is the 3-9 power variable. Twisting a ring at the rear of the scope changes the magnification.


What does an administratrix of the estate have power of attoney?

what is the power of attorney duties for a living will?