The ultimate guardians of shareholder interest in a corporation are the
A)rank and file workers.
B)senior management.
C)boards of directors.
D)all of the options

Question

Quizplus · Accepted Answer

The board of directors is responsible for representing the interests of shareholders and ensuring that the corporation is run in a way that maximizes shareholder value. While senior management also has a role to play in this, their primary responsibility is to run the day-to-day operations of the corporation. Rank and file workers may have some impact on shareholder value, but their influence is generally limited.

The Ultimate Guardians of Shareholder Interest in a Corporation Are