Decisions by boards of directors are always consistent with shareholder interests.

Name: Decisions by boards of directors are always consistent with shareholder interests.
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Question

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The board of directors (BOD) are the elected representatives of the shareholders, charged with ensuring that the interests and motives of management are aligned with those of the owners (i.e., shareholders). Recent scandals have resulted in criticism and cynicism that the BOD fulfills this charge.

Decisions by Boards of Directors Are Always Consistent with Shareholder