The purpose of any corporate resolution is to document the actions the board of directors will take on behalf of a corporation. A corporate resolution is a legal document that outlines actions a board of directors will take on behalf of a corporation.A corporate resolution is a formal record of a corporation's board of directors' decisions and actions on behalf of the company. This corporate resolution form will often specify who may sign checks, borrow money or make banking decisions. This Corporate Authorization Resolution file provides a detailed guide for completing the necessary form to authorize corporate transactions.