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 above.

Question

Quizplus · Accepted Answer

Boards of directors are ultimately responsible for protecting the interests of shareholders. They are responsible for setting the strategic direction of the corporation, approving major corporate initiatives, and ensuring that the company is performing in the best interests of its shareholders. While senior management and rank-and-file workers have important roles to play, they are not ultimately responsible for protecting shareholder interests.

The Ultimate Guardians of Shareholder Interest in a Corporation, Are