Stockholders in a corporation exert a significant degree of control over the company's daily operations.

Name: Stockholders in a corporation exert a significant degree of control over the company's daily operations.
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Question

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While stockholders do have a say in major decisions such as electing the board of directors and approving mergers or acquisitions, they do not typically have direct control over the day-to-day operations of the company. That responsibility falls to the management team and employees.

Stockholders in a Corporation Exert a Significant Degree of Control