Who selects the CEO of a corporation?
A)Board of directors
B)Stockholders
C)Operational managers
D)Employees
E)Middle managers

Question

Quizplus · Accepted Answer

In corporations, the owners are the stockholders and few are directly involved in managing the organization. Stockholders elect a board of directors to oversee the organization. Boards select, assess, reward, and perhaps replace the CEO. The board's membership usually includes some top executives-called inside directors. Today most companies have a majority of outside directors.

Who Selects the CEO of a Corporation