The board of directors of a corporation usually is elected by

Question

Quizplus · Accepted Answer

The board of directors of a corporation is usually elected by ordinary shareholders. They have the right to vote for the candidates they believe will best represent their interests on the board. Bondholders, preferred stockholders, and convertible preferred stockholders typically do not have voting rights for the board of directors. While the existing board of directors may have some influence over the election, they are not the ones who directly elect themselves or other members.

The Board of Directors of a Corporation Usually Is Elected