Answer:
For a variety of reasons, boards are created to appoint and dismiss corporate directors. The primary motivation is to guarantee that the company is managed successfully and in the interests of its shareholders. Important choices about the corporate business strategies, financial management, and general operations are made by the board of directors. As a result, it is crucial that the board is composed of knowledgeable and skilled individuals who can efficiently supervise and direct the organization's management.
Establishing a board is also necessary to maintain accountability. The corporation's management is held responsible for its deeds and decisions by the board of directors. Directors are in charge of ensuring that the corporation operates in accordance with the law and ethical principles.