Top Governance

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Top Governance

An advisory board is a body that advises the management of a corporation, organization, or foundation. Unlike the Board of Directors the advisory board does not have authority to vote on corporate matters, nor a legal fiduciary responsibility. Many new or small businesses choose to have advisory boards in order to benefit from the knowledge of others, without the expense or formality of the Board of Directors.

By |juli 31st, 2012|Bestyrelse | Top Governance, Advisory Boards|Kommentarer lukket til Top Governance