In American English, SA=corporation (Inc. means "incorporated" according to the laws of one of the states--Delaware is the most capitalist-friendly). As an Anglophone I must defer to others with a better understanding of French, so "board of directors" sounds ok. I have a question for Francophones: in the US, boards of directors are elected by stockholders at one-share-one-vote, in practice by the management via solicitation of proxy votes; in France aren't these often negotiated with the unions, with government input? aspar seems to have expertise in this area.