A corporation's board of directors should first and foremost be accountable to which group?

Question

Quizplus · Accepted Answer

A corporation's board of directors should first and foremost be accountable to shareholders, as they are the owners of the company and have invested in its success. While other groups such as politicians, senior managers, and suppliers may have an impact on the company, the board's primary responsibility is to act in the best interests of the shareholders.

A Corporation's Board of Directors Should First and Foremost Be