business judgment
- A ruling that a person or entity, often a board of directors, makes on behalf of a company, which is typically characterized by prudence and the appropriate level of care
- The CEO's business judgment on the potential merger was guided by detailed reports and careful analysis.
- The scrutiny of the board's business judgment intensified after a series of questionable investments.
- The shareholders were questioning the business judgment of the board in buying the failing company.
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