In a Subchapter S corporation, the owner has complete control over daily management decisions.

Name: In a Subchapter S corporation, the owner has complete control over daily management decisions.
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In a Subchapter S corporation, the shareholders elect a board of directors who make major management decisions while the daily operations are handled by appointed officers. Shareholders do have some control through voting on major issues but do not have complete control over daily management decisions.

In a Subchapter S Corporation, the Owner Has Complete Control