Explain the role of the board of directors in a public company?

Question: Explain the role of the board of directors in a public company?

The board of directors in a public company is responsible for setting the overall direction and strategy of the company. They oversee the company's management, monitor its financial performance, and ensure that the company complies with legal and regulatory requirements. The board also makes decisions on major issues, such as mergers and acquisitions, executive compensation, and dividend payouts, and represents the interests of shareholders.

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