The board of directors' primary functions include all of the following except:

Question

Quizplus · Accepted Answer

The primary functions of the board of directors include selecting and hiring corporate officers, setting officers' salaries, and declaring dividends. However, protecting the interests of the officers is not a primary function of the board of directors. The board's primary responsibility is to represent and protect the interests of the company's shareholders.

The Board of Directors' Primary Functions Include All of the Following