https://audiopro-living.de/value-investing-gegen-gemeinsame-anlagestrategien/

The board room is a space for crucial decisions to be made. It is often the setting in which business policies are endorsed by those outside of the company. These decisions can alter or even affect the lives of consumers, employees shareholders, owners and other employees. It is therefore important to ensure that, from a legal perspective, the data and documents regarding the deliberations and discussion are conducted in a way that allows the business to defend its decisions.

A board room is an area used to conduct meetings of a company’s board which is a group of people elected by shareholders to oversee the business. Board members are in charge of maintaining a strong relationship with CEOs and other top executives. They also develop business strategies and ensure that the company is operating with integrity.

While a board room is the best environment to hold these meetings, it is not necessary for every organisation to have one. A simple conference room could be sufficient for meetings that require a smaller group. A modern boardroom will have a whiteboard, a videoconferencing system, and screens to facilitate meetings that can be conducted remotely.

The term «board» that translates to table, comes from the Latin «tabula». The term was first used in the early years of colonial America when boards were created to govern and control slave trading and plantations. The word was more popular in the United States with the rise of corporations and the need to manage huge amounts of property, money and labor.