Shareholders own a corporation and the right to manage it.

Name: Shareholders own a corporation and the right to manage it.
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Question

Quizplus · Accepted Answer

Shareholders own a portion of the corporation, but they do not have the right to manage it. The management of the corporation is the responsibility of the board of directors and the executive team. Shareholders have the ability to vote on large corporate decisions, but they do not have direct control over day-to-day operations.

Shareholders Own a Corporation and the Right to Manage It