Supervisory Board
/ˌsuːpərˈvaɪzəri bɔːrd/
Definitions
- (n.) A body of individuals elected or appointed to oversee and supervise the management and policies of a company, ensuring compliance with laws and protecting shareholders' interests.
The supervisory board reviewed the company's financial reports to ensure legal compliance.
Forms
- supervisory board
- supervisory boards
Related terms
See also
Commentary
In jurisdictions with a two-tier board system, the supervisory board operates separately from management, focusing on oversight rather than daily operations.
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.