The paramount duty of the board of directors of a public corporation is to:

Question

Quizplus · Accepted Answer

The primary responsibility of the board of directors of a public corporation is to provide guidance and oversight to the company's management team to ensure they are competent, ethical, and act in the best interest of the company and its shareholders. While profitability is important, it is not the paramount duty of the board of directors. Auditing financial statements and ensuring fair treatment of employees fall under the purview of other individuals and committees within the company.

The Paramount Duty of the Board of Directors of a Public