Which of the following ensures that management and financial decisions are to benefit the shareholders:
A)Corporate Management
B)Board of Directors
C)Creditors
D)Bankers

Question

Quizplus · Accepted Answer

The Board of Directors is responsible for making decisions that benefit the shareholders as they are elected by the shareholders to oversee the management of the company and to act in their best interests. Corporate management, creditors, and bankers may have their own interests or priorities that do not align with the shareholders'.

Which of the Following Ensures That Management and Financial Decisions