MLchartDataset catalogue

Board of directors

Term · Law · MLC-T-LAW-000753

A group of individuals elected by a corporation's shareholders to oversee the management of the company. The board is responsible for setting corporate policy, making major business decisions, and appointing and supervising the executive officers. Directors owe fiduciary duties of loyalty and care to the corporation and its shareholders.

Table 1. Record
IdentifierMLC-T-LAW-000753
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000753",
  "term": "Board of directors",
  "field": "Law",
  "definition": "A group of individuals elected by a corporation's shareholders to oversee the management of the company. The board is responsible for setting corporate policy, making major business decisions, and appointing and supervising the executive officers. Directors owe fiduciary duties of loyalty and care to the corporation and its shareholders.",
  "url": "https://mlchart.com/terminology/law/board-of-directors/"
}

Record 556 of 5,441 in Law terminology (MLC-0107). Request the full dataset.