Concept information
Preferred term
corporate directors
Definition
- Corporate directors are the elected representatives of shareholders, put in place to safeguard the interests of the investors who bear the residual financial risk of their firms. They make up one third of the corporate governance triumvirate of executives, investors, and directors. [Source: Encyclopedia of Business Ethics and Society; Directors, Corporate]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/corporate_directors
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