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A body of individuals who are elected by the shareholders to be their representatives in managing the company. Individuals who serve on a board may be employed by the company (inside directors) or unaffiliated with the company (outside directors). Their election takes place at the annual shareholders meeting. Among other responsibilities, the board appoints and oversees officers and other members of senior management, declares dividends, determines executive compensation and monitors the development and implementation of corporate strategy.
Created By:
Russell Benasaraf
03-17-2014
Last Updated By:
Russell Benasaraf
03-17-2014
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