board committees

Board committees are specialized groups within a company's board of directors, formed to focus on specific areas such as finance, audit, risk, or governance. They help the board make informed decisions by reviewing detailed aspects of the organization’s operations, policies, and strategies. Committees conduct research, analyze data, and make recommendations, allowing the board to govern more effectively and efficiently. They work collaboratively but report back to the full board, ensuring oversight and accountability across key areas without requiring the entire board to delve into every detail.