The board of directors for a corporation is elected by its:
A) creditors.
B) stockholders.
C) managers.
D) employees.

Question

Quizplus · Accepted Answer

The board of directors for a corporation is elected by its stockholders. This is because the board of directors represents the interests of the shareholders and is responsible for making important business decisions and providing strategic guidance to the company. As such, it is important that the shareholders have a say in who is elected to the board.

The Board of Directors for a Corporation Is Elected by Its