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What is board of director?

Updated: 9/14/2023
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10y ago

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Please see the newly posted article detailing the types of non profit boards.

http://nfp.answers.com/board-of-directors/governing-and-advisory-boards

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Q: What is board of director?
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A non-executive director sits on the board of directors however is not considered to be an executive. They are not involved with day to day operations and decisions. In contrast, an independent director is a director who holds responsibilities and was brought in as a consultant from the outside.


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Difference between Managing director and Whole Time Director?

Managing Director means a director who by virtue of an agreement with the company or of a resolution passed by the company in general meeting or by its Board of Directors or by virtue of its memorandum or articles of association is entrusted with substantial powers of management which would not otherwise be exercisable by him. It includes a director occupying the position of managing director by whatever name called. Whole time director includes a director in the whole time employment of the company. A person who does not devote substantially the whole of his time to the company is not a whole time director. A whole time director is virtually a managing director though not so designated. A director in charge is also in the same position as a managing director. It has been held that a Managing director is a part of the company's Board of directors and not a servant of the company.

Related questions

Since a Board of Directors always has multiple members is it ever okay to use Board of Director for example should it be Board of Director position or Board of Directors position?

Of the two options offered, 'Board of Directors position' is to be preferred. For clarity, however, you might consider using just 'Director position.' Other alternatives: position on the Board of Directors; Board position; Director on the Board. Note: One director does not make a board.


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Yes. Board of director's meeting is correct.


If someone serves on the board of directors of an organization do you refer to the person's position as a board of director?

No, simply director. The board refers to the entire group of directors collectively.


Discuss goals and functions of the financial manager to board director?

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What is the Short Form of Board of Director?

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Who do the stockholders of a corporation elect?

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What are director prepositions?

as director of the board, at director level, under director supervision, ( being responsible to a director ), on director class level, of director capability, over director policy, being director did not qualify him to manage, the said director was in fact..., you can be director if you win etc


Difference between chief executive officer and managing director?

Managing director: The managing director is the head of the whole management team and a member of the board of a company; in other words, the managing director is a CEO only, but also has his own shares in the company and is also present in the board meetings. In other words, a director of the board. Chief Executive Director: The CEO is the biggest corporate officer or in other words, the head of the management team. he just controls the whole management and is the ultimate boss in the company after the board of directors and the chairman.


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