What does board of governors mean?

Definitions for board of governors
board of gov·er·nors

This dictionary definitions page includes all the possible meanings, example usage and translations of the word board of governors.

Wikipedia

  1. board of governors

    A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the chief executive officer of the corporation and sets out the overall strategic direction. In corporations with dispersed ownership, the identification and nomination of directors (that shareholders vote for or against) are often done by the board itself, leading to a high degree of self-perpetuation. In a non-stock corporation with no general voting membership, the board is the supreme governing body of the institution, and its members are sometimes chosen by the board itself.

Wikidata

  1. Board of governors

    A board of governors is the board of directors of a public entity or nonprofit organization. Many public institutions, such as public universities, are government-owned corporations. The British Broadcasting Corporation was managed by a board of governors, though this role has now been taken by the BBC Trust. In other cases, government services are provided by "independent establishments," which provide an environment mixing a corporation and a government agency. These, such as the United States Postal Service, are governed by a board of governors. The US Federal Reserve System is also partially governed by a board of governors. Another is the Board of Governors of the International Atomic Energy Agency.

Editors Contribution

  1. board of governors

    A type of board created to govern with a specific vision, goal, roles and responsibility.

    The Board of Governors are so fair and just.


    Submitted by MaryC on January 20, 2021  

How to pronounce board of governors?

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Numerology

  1. Chaldean Numerology

    The numerical value of board of governors in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of board of governors in Pythagorean Numerology is: 5

Examples of board of governors in a Sentence

  1. State John Kerry on Tuesday:

    Today’s resolution makes clear that the IAEA’s Board of Governors will be watching closely to verify that Iran fully implements its commitments under the JCPOA.

  2. Postmaster General:

    No. No, no and a million times, no. I've had very little conversation with the administration, the Postal Service is The Postal Service. I report to a board of governors, a bipartisan board of governors, and that's where we, where my plans for what we do with The Postal Service get approved.

  3. Serge Gas:

    A meeting of the Board of Governors has been convened and is expected to take place on 25 August, it is expected that the Board will consider a report by the Director General on the requests in Security Council resolution 2231 and on the financial implications for the agency.

  4. State John Kerry on Tuesday:

    Closing the (Possible Military Dimensions) agenda item will in no way preclude the IAEA from investigating if there is reason to believe Iran is pursuing any covert nuclear activities in the future, as it had in the past, today’s resolution makes clear that the IAEA’s Board of Governors will be watching closely to verify that Iran fully implements its commitments under the JCPOA.

  5. Abbas Araqchi:

    We believe that based on this final assessment the board of governors should close the so-called PMD issue.

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"board of governors." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/board+of+governors>.

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