Shareholders that are involved in the management of a corporation are most likely involved in a closely held corporation.

Question

Quizplus · Accepted Answer

Shareholders who are involved in the management of a corporation are most likely involved in a closely held corporation, as closely held corporations are generally smaller and have a limited number of shareholders who are involved in the management of the company. In contrast, publicly traded corporations have a large number of shareholders and are typically managed by a board of directors and executive team.

Shareholders That Are Involved in the Management of a Corporation