In the U.S., the chief role of the board of directors is

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The chief role of the board of directors in the U.S. is to hire the management team. This is because the board of directors is responsible for overseeing the company and ensuring that it is managed in the best interests of the shareholders. One of the key ways that the board can do this is by hiring a competent and effective management team to run the day-to-day operations of the company. While the board may also be involved in decisions related to capital budgeting and compensation, hiring the management team is generally considered to be their most important responsibility.

In the US, the Chief Role of the Board of Directors Is