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dummy director

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Financial Dictionary

Dummy Director

A person on a company's board of directors who votes and acts on the wishes of a non board member.

Investopedia Commentary

Also known as an accommodation director.

Related Links

The Basics Of Corporate Structure

See also: Board of Directors, Dummy Shareholder, Inside Director, Outside Director

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Los Angeles Apartments
View Detailed Listings & Photos of Apartments in Los Angeles & More.
EquityApartments.com
Director
Search 45,000 Jobs that Pay Over $100,000. Start Searching Now.
www.TheLadders.com/Director
Financial Dictionary

dummy director

The director of a firm who acts and votes according to the wishes of another party who is not a member of the board.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
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