Shareholders elect the corporate board of directors and vote on fundamental changes in the corporation.

Question

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Shareholders are the owners of the corporation and as such, they have the power to elect the board of directors who are responsible for the overall management of the company. Shareholders also have the right to vote on fundamental changes in the corporation such as mergers, acquisitions, and changes to the company's articles of incorporation.

Shareholders Elect the Corporate Board of Directors and Vote on Fundamental