Members of the board of directors are selected by:
A)shareholder voting.
B)company management.
C)the firm's Chief Executive Officer.
D)the largest five shareholders.
E)the firm's managers and employees.

Question

Quizplus · Accepted Answer

Members of the board of directors are typically elected by shareholders through a process of voting at the annual meeting. Shareholders have the right to vote for or against nominated candidates, and the candidates with the most votes are elected to the board. This ensures that the board represents the interests of the shareholders and not just the company management or a select group of individuals.

Members of the Board of Directors Are Selected By