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Board of directors
BOARD OF DIRECTORS

Definition: (business) A company's board of directors is the group of people elected by its shareholders to manage the company.
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* All nine elements should be in.


1. Purposeful and necessary to have group in place.

2. Election was transparent and followed due process.

3. Its number and how it is constituted will be operable.

4. Will have specific functions that it will be expected to perform.

5. Knows its mandate and tenure and does nothing to have it changed.

6. Contributes positively to company's growth and progress.

7. Accountable to a regulatory or supervisory authority.

8. Can be dissolved and reconstituted, if need be.

9. Won't be a drain on the company's resources.
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See perfect CORPORATE GREED.

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