Large corporations have boards of directors that are elected by
A)employees.
B)managers of all levels.
C)shareholders.
D)top managers.
E)all stakeholders.

Question

Quizplus · Accepted Answer

Boards of directors are elected by shareholders, who are the owners of the corporation. Shareholders have the right to vote for board members at annual shareholder meetings. The board of directors is responsible for making important decisions that affect the corporation, such as selecting top management, approving major investments, and setting overall strategy.

Large Corporations Have Boards of Directors That Are Elected by