Some important details have to be cut down to fit the 7-page limit.
Not only public, but private service, too, is a public trust. It is so because any corporation today is organized with the investments, financial or otherwise, of people often outside the ambit of blood affiliations, which makes even unlisted corporations essentially a public concern. It is to this scope of accountability that the Board of Directors derives its legal accountability in discharging the responsibilities and duties as the supreme managerial authority in any corporation created under law today. The Board is ultimately answerable to its shareholders in the manner they manage the overall performance of the company.