There are significant differences in responsibilities, composition and powers.
1. In terms of responsibilities, the board of directors is mainly responsible for the daily operations and management of the company, such as formulating the company's business plan, supervising the company's financial status, approving the company's major investment decisions, etc. The board of directors focuses more on the company's strategic decision-making and supervision of the company's operating activities, such as formulating the company's long-term development strategy, reviewing the company's annual financial report, and supervising the work of the board of directors.
2. From the perspective of composition, the board of directors is usually composed of the company’s senior managers, such as general manager, financial director, operations director, etc. These personnel are key decision-makers directly involved in the company’s daily operations. . The board of directors is elected by the company's shareholders. Its members may include company shareholders, independent directors or other people with professional knowledge and experience. They represent the interests of shareholders and supervise and guide the company's major decisions.
3. From the perspective of the scope of power, both the board of directors and the board of directors have decision-making power, but the scope of their power and the way they are exercised are different. The board of directors is mainly responsible for the company's daily operational decisions, while the board of directors is responsible for the company's strategic decision-making and supervision, and its decision-making power involves the company's long-term development and major affairs.