Explain the role of the Board of Directors in a Corporation and what can they do...

Explain the role of the Board of Directors in a Corporation and what can they do to protect the stakeholders of the business?

Expert Solution

The role of the Board of directors is to protect the interests of the shareholders. They do it by keeping the management of the firm in check and ensuring proper ESG - Environment, Social Governance measures are met. They need to ensure that the name of the firm doesn't get tarnished in the pursuit of profits. Hence, to protect the shareholders interests, they have to ensure that management follows proper standards in its operations

jeff jeffy answered 2 years ago

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