Search results
Results from the WOW.Com Content Network
Center for Interfaith Relations Board of Directors meeting. A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law ...
Directors' duties are a series of statutory, common law and equitable obligations owed primarily by members of the board of directors to the corporation that employs them. It is a central part of corporate law and corporate governance. Directors' duties are analogous to duties owed by trustees to beneficiaries, and by agents to principals.
In the 1960s and 1970s, the field started to become more quantitative and resource dependent. This gave rise to contingency theory , institutional theory , and organizational ecology . [ 18 ] Starting in the 1980s, cultural explanations of organizations and organizational change became areas of study, in concert with fields such as anthropology ...
In case of nonprofit management, one of the main functions is, keeping the faith of donors. In most models of management and governance, shareholders vote for the board of directors, and the board then hires senior management. Some organizations have experimented with other methods (such as employee-voting models) of selecting or reviewing ...
Matters addressed in the condominium bylaws may include the responsibilities of the owners' association, voting procedures to be used at association meetings, the qualifications, powers, and duties of the board of directors, and the powers and duties of the officers. The Bylaws may also cover the obligations of the owners with regard to ...
The Chair and Chair-Elect of the CLT are voting members of the Board of Directors. APA Board/Committee Structure: Members of boards and committees conduct much of APA's work on a volunteer basis. They carry out a wide variety of tasks suggested by their names. Some have responsibility for monitoring major programs, such as the directorates, the ...
The council of delegates representing the governance board is the equivalent of the management board i.e. board of directors of a single-tier board, while the chairman of the management board is reckoned as the company's chief executive officer and managing director. These 03 [clarification needed] positions are held by the same individual.
Shareholders elect a board of directors, who in turn hire a chief executive officer (CEO) to lead management. The primary responsibility of the board relates to the selection and retention of the CEO. However, in many U.S. corporations the CEO and chairman of the board roles are held by the same person.