Who selects the board of directors of a corporation?

Question

Quizplus · Accepted Answer

The board of directors of a corporation is typically selected by the stockholders through a vote at the annual shareholders' meeting. This vote may be based on nominations from the current board, a nominating committee, or from stockholders themselves. While the state where the corporation is chartered may have certain requirements or regulations around board governance, they generally do not play a direct role in selecting the board. Employees and managers may have input or influence on the board selection process, but ultimately it is the stockholders who have the power to elect the board.

Who Selects the Board of Directors of a Corporation