The directors make more money.
relationship between a company and a promoter is fiduciary .He is bound to disclose all the accounts and other contracts he entered into before incorporation of the company to an independent and competent board of directors so that he may be held accountable for any ill gained profits and may be held accountable for them before the board.
A Board
function of board of directors
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'.
Usually they are referred to as the Board of Directors.
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.
There really is no difference, they are interchangeable terms. Either entity includes the officers and other members who have usually been elected by a larger Board of Directors to oversee the performance of the organization's management and to suggest policy changes to the Board of Directors.
The collective noun for directors is a board of directors.
The management board controls and monitors the company's management and performance. The management and performance goals have been set by the board of directors.
The Board of Directors of a corporation typically consists of individuals elected by the shareholders and the Chief Officers of a corporation (CEO, COO, CFO). Elected individuals are usually those who own significant amounts of stock or have lots of capital invested in the business. The Board is headed up by a Chairman, who is usually one of the Chief Officers or the Board member who owns the most stock.
No, the treasurer of the board of directors cannot be the secretary of the board of directors in Nebraska unless it is in the acting capacity.
No, the secretary of the board of directors cannot be the treasurer of the board of directors in Nebraska unless on acting capacity.
The secretary of the board of directors of a corporation can only be a treasurer of the board of directors in an acting capacity.
Board member would be correct, as in someone who sits on a board of directors or board of management etc.
Does the corporate real need board of the directors Does the corporate real need board of the directors
The board of directors
board of directors has approved