Shareholders have no right to manage a corporation.

Name: Shareholders have no right to manage a corporation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Shareholders have the right to elect members of the board of directors and vote on major decisions, but they do not have the right to actively manage the day-to-day operations of the corporation. This responsibility lies with the board of directors and executive management team.

Shareholders Have No Right to Manage a Corporation