The shareholders of a corporation have the right to vote to instruct managers how to run the company.

Name: The shareholders of a corporation have the right to vote to instruct managers how to run the company.
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Question

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Shareholders typically have the right to vote on major corporate decisions, such as electing the board of directors, but they do not directly instruct managers on how to run the company on a day-to-day basis.

The Shareholders of a Corporation Have the Right to Vote