In a large corporation,shareholders responsibilities include ________.
A) making major business and financing decisions
B) authorizing the issuance of stock
C) electing corporate officers
D) electing a board of directors
E) organizing annual meetings

Question

Quizplus · Accepted Answer

Shareholders are responsible for electing a board of directors which in turn makes major business and financing decisions. Shareholders also have the right to vote on major decisions such as mergers and acquisitions, and they may authorize the issuance of stock. Additionally, shareholders may organize annual meetings to discuss company performance and voting matters, but this is not their primary responsibility. Corporate officers are typically appointed by the board of directors rather than being elected directly by shareholders.

In a Large Corporation,shareholders Responsibilities Include ________