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Vesting means the period of time during which the beneficiary of an incentive plan gradually accrues the right to his or her share.
The Advisory Board and the Board of Directors share a common objective: both try to steer the company on the right course. This can make them appear similar. In fact, they are quite different. Each has different objectives and levels of responsibility for the company.
Despite the major differences that may exist between the two, both are of great importance to the development of the company. In this article, we will explain:
- What is an Advisory Board?
- What is a Board of Directors? and
- What are the most important differences between them?
