For Board of Directors we have terms and definitions in 11 topics. The topics are Accounting, Accounting Terms, Business, Finance, Grantmaking, Health Insurance, IPO, Non Profit, Regulations, Non-Profit Governance, Philanthropy and Youth Scout Groups.

Board Of Directors (Accounting)

Individuals responsible for overseeing the affairs of an entity, including the election of its officers. The board of a CORPORATION that issues stock is elected by stockholders. (See AUDIT COMMITTEE.)

Board Of Directors (Accounting Terms)

Individuals responsible for overseeing the affairs of an entity, including the election of its officers. The board of a CORPORATION that issues stock is elected by stockholders. (See AUDIT COMMITTEE.)

Board Of Directors (Business)

Those individuals selected to sit on an authoritative standing committee or governing body, taking responsibility for the management of an organization. Members of the board of directors are officially chosen by the shareholders, but in practice they are usually selected on the basis of the current board's recommendations. The board usually includes major shareholders as well as directors of the company.

Board Of Directors (Finance)

Individuals elected by the shareholders of a corporation who carry out certain tasks established in the charter.

Board Of Directors (Grantmaking)

The group of volunteers with the responsibility for governance and supervision of the policies and affairs of the organization, its committees, and its officers. It carries out the purpose of the organization. See also:Board of Trustees

Board Of Directors (Health Insurance)

The primary governing body of a managed care organization.

Board Of Directors (IPO)

The composition of the Board of Directors is particularly critical for an IPO. Typically, a board is composed of inside and outside directors. Inside directors could be management, significant shareholders, venture capitalists, vendors and relatives. Outside directors have no underlying financial or personal relationship with the company that could create a conflict of interest and are on the board for their experience, business judgment and contacts. Outside directors may own stock, but are not large shareholders. Investors should look for a board that has at least two outside directors. Typically, IPOs add their first outside directors at or immediately after the offering.

Board Of Directors (Non Profit, Regulations)

See Board of Trustees.

Board Of Directors (Non-Profit Governance)

The group of volunteers with the responsibility for governance and supervision of the policies and affairs of the organization, its committees, and its officers. It carries out the purpose of the organization. See also:Board of Trustees

Board Of Directors (Philanthropy)

An organized body of advisors with oversight responsibility.

Board Of Directors (Youth Scout Groups)

See National Board of Directors, corporate board of directors.

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