Governance Board
/ˈɡʌvərnəns bɔːrd/
Definitions
- (n.) A formal body vested with authority to oversee, direct, and manage the policies, strategic decisions, and overall governance of an organization, typically in corporate, nonprofit, or public sectors.
The governance board convened quarterly to review company performance and approve major initiatives.
Forms
- governance board
- governance boards
Related terms
See also
Commentary
The term often appears in statutes and corporate charters; clarity in defining its powers and composition is key in governance documents.
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.