Learn the 25 keys to the role of the Board of Directors, its power and liability, election and compensation, and the important points in helping to guide the Board's policy and strategy.

The Board of Directors is part of the New York Times Pocket MBA Series, a 12-volume reference tool for all businesspersons. Each volume, written by professors from top graduate business schools and edited by The New York Times business editors, presents 25 key principles of specific areas of business expertise. The 12-volume series includes:

• Analyzing Financial Statements
• Business Financing
• Business Planning
• Forecasting Budgets
• Going Global
• Growing & Managing a Business
• Leadership & Vision
• Managing Investment
• Organizing a Company
• Sales & Marketing
• The Board of Directors
• Tracking & Controlling Costs

Marianne Jennings, J.D., is a Professor of Legal and Ethical Studies in the College of Business MBA Program at Arizona State University. She is the author of five textbooks and her writing has appeared in The Wall Street Journal. The Chicago Tribune, and Reader's Digest. She has served on four boards of directors and has been a commentator on National Public Radio's "All Things Considered."

Eric Conger has appeared on television's "Another World" and "Loving", and on stage at over a dozen regional theatres. He has voiced over 4,000 corporate and documentary programs, and narrated over 50 audiobooks. He lives in Weehawken, New Jersey.