Duties of Board of Directors

The video explains the duties of a corporation's board of directors, focusing on their role in large-scale decision-making, supervisory responsibilities over management, strategic planning, budget approval, and financial decisions. The board is also accountable for ensuring compliance with laws and regulations governing corporate activities.

What are the primary responsibilities of the board of directors in a corporation?

How does the board of directors influence the daily operations of a corporation?

In what ways does the board of directors exercise supervisory authority over management?

What role does the board of directors play in the strategic planning of a company?

What are the legal responsibilities of the board of directors regarding corporate regulations?