0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Who appoints the president of a corporation?
The president (as in most cases the CEO) is chosen by the board of directors, a group elected by a vote of the corporation's stockholders. Note: In small corporations, it is the incorporator, (the person that filled in the paperwork and paid the fee, seeing that they own all the stock
Does a board resolution need to be signed by all directors?
A board resolution needs to be signed by all directors. However, if there is a director who is not part of the board, they do not need to sign.
Which type of practice is manage by a board of directors?
A company or organization has a board of directors.
How many directors in board of directors?
The number of allowable board members are outlined in an organization's bylaws.
What does a board of directors do?
They oversee a company and answer to stock holders. The board of directors provides the company with direction and advice. It is the responsibility of the board of directors to ensure that the company fulfills its mission statement. In doing so, the board of directors frequently sets the company's policy objectives. A good board of directors should include knowledgeable and experienced business people. From: http:/www.wisegeek.com/what-does-a-board-of-directors-do.htm A board of directors should NOT be made up of friends and relatives; one or two members can be friends or acquaintances if they are business people or experienced board members.
Who leads a corporations board of directors?
chairman
Does the concept of consumer sovereignty refer to situations in which consumers are represented on the Board of Directors of large corporations?
Yes, the concept of consumer sovereignty refers to situations in which consumers are represented on the Board of Directors of large corporations.
What has the author William R Conrad written?
William R. Conrad has written: 'The new effective voluntary board of directors' -- subject(s): Directors of corporations, Associations, institutions, Management, Boards of directors, Voluntarism 'The effective voluntary board of directors' -- subject(s): Directors of corporations, Associations, institutions, Management, Boards of directors, Voluntarism
What is a group of corporations run by a single board of directors called?
Monarchyyy aaaaaaaaaah
Who appoints the president of a corporation?
The president (as in most cases the CEO) is chosen by the board of directors, a group elected by a vote of the corporation's stockholders. Note: In small corporations, it is the incorporator, (the person that filled in the paperwork and paid the fee, seeing that they own all the stock
Who is the owner of public corporations?
In public corporations, ownership is dispersed among shareholders who own shares of the company's stock. Shareholders elect a board of directors to oversee the corporation on their behalf. Ultimately, the shareholders have ownership rights, but they delegate decision-making to the board of directors.
What has the author John Carver written?
John Carver has written: 'Michael Jackson' -- subject(s): Portraits, caricatures 'Your roles and responsibilities as a board member' -- subject(s): Directors of corporations, Corporate governance, Governing Board, Administrative Personnel, Professional Corporations, Organization & administration 'The governance of financial management' -- subject(s): Directors of corporations, Corporate governance 'Creating a mission that makes a difference' -- subject(s): Mission statements 'Implementing policy governance and staying on track' -- subject(s): Boards of directors, Directors of corporations, Corporate governance 'Three steps to fiduciary responsibility' -- subject(s): Corporations, Taxation, Budget in business, Finance, Directors of corporations
What benefits do corporations bring their stockholders?
You may vote for members of board of directors & you receive a share of profits if the company does well
What benefits do corporations bring to their stockholders?
You may vote for members of board of directors & you receive a share of profits if the company does well
Does a board resolution need to be signed by all directors?
A board resolution needs to be signed by all directors. However, if there is a director who is not part of the board, they do not need to sign.
What is the collective noun for 'directors'?
The collective noun for directors is a board of directors.
Is it ethical for a person on an organization board of directors to also be a shareholder of that organization?
Yes, it is ethical for a person on an organization's board of directors to also be a shareholder of that organization. In most small corporations, all of the directors are also shareholders. The directors, under corporate law, are managing the organization on behalf of the shareholders (and sometimes other stake holders). Who is in a better position to represent the interests of the shareholders other than a shareholder?
