igazgatótanácsot
The term "igazgatótanács" is a Hungarian word that translates to "board of directors" or "board of trustees" in English. It refers to a governing body within an organization, typically a company or a non-profit institution, responsible for overseeing its management and strategic direction. The members of the igazgatótanács are elected or appointed and collectively hold fiduciary duties towards the organization and its stakeholders.
The primary role of the igazgatótanács is to ensure the long-term health and success of the entity.
Furthermore, the igazgatótanács plays a vital role in corporate governance. They are tasked with upholding ethical