The nature of the claim on the corporation represented by common shareholders' shares is that they are entitled only to the remaining property of the corporation on dissolution after other claims have been paid and that they have a right to vote for the election of directors,to appoint the auditor,and on proposals made to them.As such,the shareholders' role is essentially a passive one.They are not involved in management.Is this a complete and accurate description regarding the role that shareholders play in corporations?

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The Answer of The nature of the claim on the corporation represented by common shareholders' shares is that they are entitled only to the remaining property of the corporation on dissolution after other claims have been paid and that they have a right to vote for the election of directors,to appoint the auditor,and on proposals made to them.As such,the shareholders' role is essentially a passive one.They are not involved in management.Is this a complete and accurate description regarding the role that shareholders play in corporations?

The Nature of the Claim on the Corporation Represented by Common