Which individual or group of individuals has a primary role in corporate America of creating a system of checks and balances in an organization through its authority to hire and monitor management and evaluate their plans and decisions and the outcomes of their actions?

Question

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The board of directors has a primary role in corporate America in creating a system of checks and balances in an organization. They have the authority to hire and monitor management, evaluate their plans and decisions, and assess the outcomes of their actions. The board also represents the shareholders and is responsible for oversight of the company's operations and strategy. Thus, they act as a check on the power of management and ensure that the company is run in the best interests of its stakeholders.

Which Individual or Group of Individuals Has a Primary Role