An analysis of the history of the corporation, a review of existing legislation, and legal precedent all support to the conclusion that ______.
A)shareholders do not own the firm
B)shareholders are the owners of the firm
C)shareholders have the same power as managers of the firm
D)shareholders must respect the rights of all stakeholders

Question

Quizplus · Accepted Answer

Historically and legally, shareholders are considered to have ownership of shares in the corporation, not the corporation itself. The corporation is a separate legal entity, and shareholders do not directly own its assets.

An Analysis of the History of the Corporation, a Review