The board of directors is historically supposed to do what?

Name: The board of directors is historically supposed to do what?
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The board of directors is responsible for a range of oversight activities including establishing monitoring procedures, approving or vetoing significant executive decisions, and hiring or firing CEOs. They also have a duty to report to shareholders, which can be considered as reporting to the public in the context of public companies.

The Board of Directors Is Historically Supposed to Do What