Monitoring by shareholders is usually accomplished through:
A) Management consultants
B) Government auditors
C) The firm's top managers
D) The board of directors

Question

Quizplus · Accepted Answer

Shareholders typically monitor a firm through its board of directors. The board is responsible for overseeing management, making strategic decisions, and ensuring that the company is adhering to legal and ethical standards. Shareholders elect the board, which should act in the best interests of shareholders. While management consultants and government auditors may provide assistance with monitoring, they are not typically responsible for direct monitoring by shareholders. The firm's top managers may be monitored by the board, but they are not representatives of shareholders and may have their own interests and agendas.

Monitoring by Shareholders Is Usually Accomplished Through