Question

Write a word or a term or phrase which can substitute the following statement:

A body of elected representatives of shareholders:

• A. Managing Directors
  
• B. Board of Directors
  
• C. Auditors
• D. All of above
  

Answer 1

The correct option is B Board of Directors

A board of directors is a group of individuals elected to represent shareholders. A boards mandate is to establish policies for corporate management and oversight, making on company's decision. Every public company must have a board of directors .