A company's board of directors is primarily an agent of the company's:
A) management.
B) employees.
C) shareholders.
D) management and employees.

Question

Quizplus · Accepted Answer

The board of directors is primarily responsible for representing the interests of the shareholders. This means making decisions that are in the best interest of the shareholders and maximizing shareholder value. While the board of directors may also consider the interests of management and employees, ultimately their main priority is to represent the interests of the shareholders who own the company.

A Company's Board of Directors Is Primarily an Agent of the Company's