What is the relationship between Shareholders and Board of Directors

Directors have a legal responsibility to manage the business and operations of the company and are responsible for compliance with applicable laws and regulations. Shareholders are the owners or members of the company. Shareholders and Directors are two different people or stakeholders and their roles also significantly differ from each other.
What is the relationship between shareholders and the company's board of directors? how does the board of directors act on behalf of the company? Let's discuss.

Subscribe to this channel and press Bell Icon, to be notified of new upcoming GRC videos.

Watch GRC - Compliance Videos below:

✔✔Company, Board of Directors and Board Audit Committee

✔✔Risk Management Process

✔✔Operational Loss Event Types

✔✔Performing Operational Risk Assessment

✔✔What are the Roles and Responsibilities of Chief risk Officer (CRO)?

✔✔Categories of Operational Risk

✔✔Different Types of Risks Faced by Financial Institutions | Operational risk | Credit Risk | Market Risk | Compliance Risk

✔✔Silicon Valley Bank Collapse Reasons

✔✔What is Predictive Risk Analytics

✔✔Red flags or Risk Indicators in Trade-Based Money Laundering

✔✔What are the Key Sources of Compliance
Red Flags or Risk Indicators in Trade-Based Money Laundering

✔✔What are the Key Sources of Compliance

✔✔Compliance Interview Questions and Answers

✔✔Compliance - Questions and Answers for Compliance Officer or Manager Job - Part 2

✔✔Components of Compliance Program

✔✔Top Financial Crime Risks - Money Laundering Risk Indicators

✔✔What are Sanctions Non-Compliance Risk Indicators