Board committees
Term · Insurance and risk management · MLC-T-INS-000579
Subgroups of a company's board of directors, formed to oversee specific areas of governance, risk management, and operations. These committees, such as audit, compensation, and risk committees, are delegated authority to address detailed issues and make recommendations to the full board. Their structure and responsibilities are often defined in the company's bylaws.
| Identifier | MLC-T-INS-000579 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000579",
"term": "Board committees",
"field": "Insurance and risk management",
"definition": "Subgroups of a company's board of directors, formed to oversee specific areas of governance, risk management, and operations. These committees, such as audit, compensation, and risk committees, are delegated authority to address detailed issues and make recommendations to the full board. Their structure and responsibilities are often defined in the company's bylaws.",
"url": "https://mlchart.com/terminology/insurance/board-committees/"
}
Record 341 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.