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authoritative+system

  • 1 board of directors

    board of directors MGT (jarg) Board m of Directors, Board m, Verwaltungsrat m; Direktion f (the members of the board of directors are officially chosen by the shareholders to sit on an authoritative standing committee or governing body, it includes often major shareholders as well as the president, vice-president, secretary, comptroller and the executive directors of the company, including the CEO; normally the chairman of the board is the president, but quite often it’s the CEO; der Board wird meist auf drei Jahre von den Aktionären gewählt; er vertritt in der US-Corporation das Unternehmen nach außen und berichtet an die Aktionäre; das Tagesgeschäft wird an die geschäftsführenden Officers oder Board-Mitglieder des Exekutiv-Ausschusses –executive committee– delegiert; der Board ist ein einstufiges, monistisches Unternehmensaufsichts- und -leitungsmodell –single-tier system– interne Aufsichts- und Kontrollfunktionen werden innerhalb des Board von den Non-Executive Directors, Non-Executive Officers oder Outside Directors – nicht geschäftsführende Board-Mitglieder, nicht geschäftsführende Directors, Directors ohne Geschäftsbereich – wahrgenommen)

    Englisch-Deutsch Fachwörterbuch der Wirtschaft > board of directors

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