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Center for Interfaith Relations Board of Directors meeting. A board of directors is a governing body that supervises the activities of a business, a 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 ...
The Allegheny Intermediate Unit (AIU) is a branch of the Pennsylvania Department of Education, and is the largest of the 29 intermediate units in Pennsylvania. It was created by the state’s General Assembly in 1971, and is headquartered in Homestead .
In a non-profit corporation, the "agency problem" is even more difficult than in the for-profit sector, because the management of a non-profit is not even theoretically subject to removal by the charitable beneficiaries. The board of directors of most charities is self-perpetuating, with new members chosen by vote of the existing members.
The Athletics Integrity Unit (AIU) was founded by World Athletics in 2017 to combat doping and address other forms of ethical misconduct in the sport of athletics. [1] The Monaco-based organization operates independently from World Athletics to fulfill World Anti-Doping Code requirements. [2] It is currently headed by Brett Clothier. [3]
The Board of Directors includes the Chair of the Board (the President), a Managing Trustee who serves as the Vice-President, and additional Trustees responsible for various aspects of university management. [42] The President's Advisory Board consists of experts from academia, business, and public service who provide guidance on university matters.
Directors' duties are a series of statutory, common law and equitable obligations owed primarily by members of the board of directors to the corporation that employs them. It is a central part of corporate law and corporate governance. Directors' duties are analogous to duties owed by trustees to beneficiaries, and by agents to principals.
The executive director is accountable to the board of directors and reports to the board on a regular basis as defined by the organization's bylaws. The board sets the vision through a high-level strategic plan, but it is the role of the executive director to create implementation plans that support the strategic plan.
The articles of incorporation outline the governance of a corporation along with the corporate bylaws and the corporate statutes in the state where articles of incorporation are filed. To amend a corporate charter, the amendment must usually be approved by the company's board of directors and voted on by the company's shareholders. [16]: 10