26.2k views
0 votes
Stockholders Select one: a. select the board of directors of a corporation. b. select the employees of a corporation. c. select the managers of a corporation. d. All of these.

1 Answer

6 votes

Answer:

a. select the board of directors of a corporation.

Step-by-step explanation:

The board of directors is elected by the stockholders of a company and they are the ones responsible for hiring CEO, CFO, and the rest of the upper management of a corporation. They are also in charge of setting the corporate strategy and making important decisions, e.g. approving new projects, etc.

Stockholders do not control the company directly, the board does.

User Anddt
by
8.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.