Who typically provides oversight for large corporations?
A) Stockholders
B) The CEO
C) The Board of Directors
D) The company president

Question

Quizplus · Accepted Answer

The Board of Directors typically provides oversight for large corporations. They are responsible for making major decisions, setting company policies, and appointing top executives such as the CEO. While stockholders have some influence through their voting power, the Board ultimately holds the responsibility for ensuring the corporation operates in the best interests of its stakeholders. The CEO and company president are executives who may be held accountable to the Board, but they do not provide oversight for the corporation as a whole.

Who Typically Provides Oversight for Large Corporations