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Board of Directors as Plural Executive

A board of directors usually makes decisions and has the authority to manage a company, although it may not exercise it. 
In fact the chairman/president is the dominant figure on the board with the other members often being little more than advisers. Thus the board of directors can seldom be called plural executive because a single executive often formulates the policies.  
A board may have both insiders and outsiders as members. Some recommend that company directors own stocks. Some others speak about workers' representation on the board. Still others favor the existence of full time members of the board to make the concept of plural executive in real practice.



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