Corporate resolutions summarize the actions a board of directors makes regarding business operations. A corporate resolution formally documents the decisions of a corporation's board of directors.However, a shareholder resolution describes the shareholders' actions while a board resolution explains the board of directors' actions. Put simply, the initial resolution shows how the corporation acts in between its formation and the adoption of its internal governing documents (your bylaws). A corporate resolution is a formal record of a corporation's board of directors' decisions and actions on behalf of the company.