Board Oversight
/ˈbɔːrd ˌoʊvərˈsaɪt/
Definitions
- (n.) The responsibility of a corporation's board of directors to monitor and guide the management and overall governance of the company.
The board oversight function is crucial to ensure compliance with legal and ethical standards.
Forms
- board oversight
Related terms
See also
Commentary
Board oversight often implies a duty of care and loyalty, emphasizing active monitoring rather than passive reviewing.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.