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Which type of practice is manage by a board of directors?
A company or organization has a board of directors.
What does a board of directors do?
They oversee a company and answer to stock holders. The board of directors provides the company with direction and advice. It is the responsibility of the board of directors to ensure that the company fulfills its mission statement. In doing so, the board of directors frequently sets the company's policy objectives. A good board of directors should include knowledgeable and experienced business people. From: http:/www.wisegeek.com/what-does-a-board-of-directors-do.htm A board of directors should NOT be made up of friends and relatives; one or two members can be friends or acquaintances if they are business people or experienced board members.
What are the key feature of effective boards of directors?
Effective board of directors should have many traits. Knowledge of the company, an understanding of policies, and the ability to listen to problems that may have to be addressed are key qualities of a member of a board of directors.
Do the stockholders elect the board of directors.?
Yes, stockholders typically elect the board of directors in a corporation. This election usually takes place during the annual shareholders' meeting, where stockholders vote on proposed candidates for the board. The board of directors is responsible for overseeing the company's management and making key decisions on behalf of the shareholders. This process ensures that stockholders have a say in the governance of the company they invest in.
Which one of the following parties has ultimate control of a corporation A chairman of the Board B board of directors C chief executive officer D chief operating office E shareholders?
E shareholders have ultimate control of a corporation, as they own the company and have the power to elect the board of directors. The board of directors (B) is responsible for overseeing the management and making significant decisions, while the chairman of the board (A) leads the board. The chief executive officer (C) and chief operating officer (D) manage the day-to-day operations but ultimately report to the board and, by extension, the shareholders.
Can a subsidiary company have a separate board of directors from the parent company?
A subsidiary company definitely can have its board of directors, and practically, it usually have. Basically its parent company who appoints directors in board of directors of subsidiary companies. Day to day matters of the subsidiary company cannot be run by parent company's board of directors, so it is necessary for a subsidiary to have its own board of directors which ultimately reports to parent company's board of directors.
Who runs plc?
The board of directors run the PLC ( public limited company) however the people who own the business are the shareholders. The shareholders vote on the board of directors.
Which type of practice is manage by a board of directors?
A company or organization has a board of directors.
What does a board of directors do?
They oversee a company and answer to stock holders. The board of directors provides the company with direction and advice. It is the responsibility of the board of directors to ensure that the company fulfills its mission statement. In doing so, the board of directors frequently sets the company's policy objectives. A good board of directors should include knowledgeable and experienced business people. From: http:/www.wisegeek.com/what-does-a-board-of-directors-do.htm A board of directors should NOT be made up of friends and relatives; one or two members can be friends or acquaintances if they are business people or experienced board members.
Can shareholders be on the board of directors?
Yes, shareholders can be on the board of directors of a company if they are elected by the other shareholders.
What do we call a number of directors in a company?
A group of directors in a company is referred to as a "board of directors." This board is responsible for overseeing the management of the company and making key decisions in the best interests of shareholders. The members of the board are typically elected by the shareholders and can include both internal directors (executives) and external directors (independent members).
Can the officer of a company also be on the board of directors?
A director of a company is an officer of that company.
What is a collective noun for executives?
The directors of a company are usually called a board of directors. The directors of a company are rarely all together as a group unless at a director's meeting in a room with a 'board', and obsolete term for 'table'.
How many members in board of directors in stocks?
It is generally a requirement that all members of a board of directors hold stock in the company.
Does the president of the company need to be a board member?
Yes I believe the President of a Company does need to be a Board Member because when you think about it the President of a Company could give the Board of Directors his or her ideas on what he or she needs to be done to improve a Company and then the Board of Directors can vote on what a Company needs and doesn't need.
What is collective terem for group of directors who run a company?
Usually they are referred to as the Board of Directors.
Who selects the board of directors of a company?
Share holders
