The board of directors is a group of individuals who oversee the actions of the executives in a company. In publicly-held companies, those that sell stock to the public and are therefore owned by shareholders, the board of directors is legally responsible for much of what the company does. The board of directors must approve the company’s budget before any money can be spent.
Related Articles:
- Future of the Business World: Fostering Gender Equality in STEM
- From Pizza to Finance, Students Talk about Joining the Family Business
- Making a Statement: 10-Ks, 10-Qs and Company FinancialsInvestment analyst Peter Hand has been working professionally in the investment field for about two years, a job that he scored thanks to a valuable college internship. He spoke to Knowledge@Wharton High School about his own career track and also offered a lesson in understanding company financial statements.
- Disney CEO Bob Iger Lets Us In on the ‘Magic’ of His Corporate Leadership
- Exploring the Balance Between Business and the Environment