“Individuals elected by a corporation’s shareholders to oversee the management of the corporation. The members of a Board of Directors are paid in cash and/or stock, meet several times each year, and assume legal responsibility for corporate activities. also called directorate.” (InvestorWords)
Links:
Board of Directors – InvestorWords
Toolkit for Boards of Directors
The Purpose of a Board of Directors
What Makes A Successful Board Member?
Board of Advisors – InvestorWords
Keys to an Effective Board
Outside Directors – Do You Need Them and Where to Find Them