Board and corporate governance

The Board screen works as the center of strategic decisions and corporate governance inside BoardMasters.

From here players manage IPOs, debt issuance, dividends, buybacks, takeover offers, corporate voting systems and CEO-related decisions.

The Board system connects financial management, shareholder control and corporate governance mechanics inside the simulation.

When a company goes public, a Board is created. The Board is formed by the five largest shareholders of the company.

Board members can create proposals related to important corporate decisions.

Proposals must be voted on by the Board itself. If a proposal does not reach enough support, it may move to public voting among small shareholders.

This system creates a dynamic corporate governance structure where company control depends on both major shareholders and the wider market.

Going public is only available from company level 6.

During the IPO process the company defines shares, float, listing price and initial capital raising.

A successful IPO turns the company into a public company and unlocks advanced Board actions.

Unlocked features include bonds, buybacks, dividends, capital increases and takeover offers.

Board actions allow companies to execute advanced financial and corporate operations inside BoardMasters.

Bonds work as corporate debt issuance. The company raises nominal capital, pays periodic coupon interest and returns the nominal amount at maturity.

Capital increases allow companies to issue new shares in exchange for additional capital, although this may dilute existing shareholders.

Buybacks allow companies to repurchase their own shares from the market.

Dividends distribute profits to shareholders and use communication, ex-dividend and payment dates.

Takeover offers allow companies to acquire other companies through fixed-price public offers.

The voting section displays pending proposals related to corporate decisions.

Board members can vote on active proposals related to dividends, debt, buybacks, takeover offers and strategic actions.

If a proposal does not receive enough support inside the Board, it may move to public voting among shareholders.

This makes voting systems an important part of corporate governance inside public companies.

The Board screen includes different executive communication rooms.

The Board Room allows private communication between Board members to discuss proposals, strategy and decisions.

The CEO Room connects the CEO with the Board and helps coordinate company management decisions.

These rooms help organize negotiations, voting systems and strategic coordination between shareholders and management.

The Board system allows companies to manage different CEO-related actions.

The Board can appoint CEOs, remove them, modify salaries and manage resignations.

This creates an executive structure where company leadership depends on shareholder confidence and Board support.

The vacancies section allows players to manage applications related to CEO positions inside BoardMasters.

When a company does not have a CEO, the Board may publish vacancies to search for candidates.

Players can apply to vacancies and compete to manage companies inside the simulation.

The screen also allows players to follow the status of their applications and the companies where they participate as candidates.