Stockholders in a corporation normally exert a significant degree of control over the company's daily operations.

Question

Quizplus · Accepted Answer

Stockholders typically have the right to vote on major decisions such as electing the board of directors or approving major company changes, but they do not control the day-to-day operations of the company. This responsibility falls on the management team and board of directors.

Stockholders in a Corporation Normally Exert a Significant Degree of Control