What is Board of Directors?

A definition of Board of Directors

“A board of directors is a group of individuals elected to represent shareholders and oversee the activities of a company, making crucial decisions and setting policies.”

Board of Directors in Business Glossary - What is a Board of Directors?

Business Glossary > What is Board of Directors?


Examples of Board of Directors in a Sentence:

The board of directors meets quarterly to discuss corporate strategy.

She was elected to the board of directors after years of service.

The board of directors approved the merger with the competitor.

Why is Board of Directors Important in Business?

Understanding the role of a board of directors is crucial for governance and leadership in a company. They ensure that the company is managed in the best interests of shareholders, making strategic and ethical decisions on behalf of the organization.

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Associated Terms

Here are some associated business terms and synonyms for “Board of Directors”:

  • Governing Body
  • Executive Board
  • Corporate Board

Apple Inc. Board of Directors

Apple Inc. has a diverse board of directors responsible for making strategic decisions for the company. Their board includes leaders from various industries who bring a wealth of experience to guide Apple’s trajectory.

Final Notes on Board of Directors

It’s important to consider the board’s composition, diversity, and expertise when evaluating its effectiveness in steering a company. A well-functioning board of directors can significantly impact an organization’s success.


This has been a definition of Board of Directors meaning.

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