The true owners of the corporation are the:
A)holders of debt issues of the firm.
B)board of directors of the firm.
C)creditors.
D)common stockholders.

Question

Quizplus · Accepted Answer

Common stockholders are the true owners of the corporation as they have ownership stake in the company and have rights to vote on major decisions, such as electing the board of directors and approving mergers and acquisitions. Debt holders, creditors, and the board of directors do not have the same level of ownership and control as common stockholders.

The True Owners of the Corporation Are The