Outside Director
/ˈaʊtsaɪd dɪˌrɛktər/
Definitions
- (n.) A member of a company's board of directors who is not part of the company's executive management, providing independent oversight.
The outside director raised concerns about the company's financial disclosures.
Forms
- outside director
- outside directors
Related terms
See also
Commentary
Outside directors are typically valued for their impartiality and independence from management, enhancing corporate accountability.
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.