or

The Board of Directors have the power to decide...

I believe that the current term for "direccion superior" may be "upper management" (i.e. rather than "higher management").

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Note added at 2002-07-29 14:07:48 (GMT)
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Here are some citations for \"upper management\" (the complementary term appears to be \"mid-management\"):-

DevShed - DTML Basics (part 1) - Upper Management ... DTML Basics (part 1) By Harish Kamath May 21, 2002 Upper Management Once you\'vegot Zope all set up, start it up and log in to the Zope management interface ...
http://zope1.devshed.com/zope.devshed.com/Server_Side/Zope/D...

People -- Upper Management Table of Contents: ... Within corporations, an upper manager is the person
who must take responsibility for and is accountable for the ...
http://best.me.berkeley.edu/~pps/pps/image/upper.html

Upper Management Executive Search Only: Energy, Power Generation ... ... Please note: for the present time, in these two sectors, ART is primarily recruiting at the Upper Management and Middle Management Levels. ...
http://www.atlanticresearch.com/markets/energy-power-oil-gas...

Jobs Listings for Upper Management Jobs -- Featured Management Positions. IMPORTANT In order to save you time and apply for multiple jobs with one resume put a check in the \"check box\" for all jobs that ...
http://www.harbrowe.com/JobSeekers/Listings/UpperManagement....

Jr. Managers ... Jobs At Abraxis. Store Admin. Homepage News. Tech Manual. Cool Links. Swips. Message board. Upper Management. Jr Managers. Resources. Lost & Found. Jeff, Arlene, Kathy,
http://www.abraxis.net/internal/upmgr.asp

Transcontinental Group, Upper management -- Rémi Marcoux, FCA, Chairman of the Board and Chief Executive Officer GTC
Transcontinental Group Ltd. Mr. Marcoux founded Transcontinental ...
http://www.transcontinental-gtc.com/en/fs00/p0002.html


OK Dept of Corrections Upper Management Meeting Schedule
... Upper management meetings are held on the campus of the University of Oklahoma inNorman, Oklahoma, at the Oklahoma Center for Continuing Education at 1700 Asp ...
http://www.doc.state.ok.us/Training/upperman.htm
More Results From: www.doc.state.ok.us


Performance Marketing Mid-Management and Upper Management @ Power ... Performance Marketing Mid-Management and Upper Management @ MPower Search Group is an executive search firm focusing exclusively in the energy vertical markets ...
http://www.mpowersearch.com/executive_performance_marketing_

It could also be: "The Board of Directors is responsible for the first level of decision making.".....it depends in what context....