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The important decisions are made by a board of directors elected by the stockholders?
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∙ 13y ago
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∙ 13y ago
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In a partnership the important decisions are made by a board of directors elected by the stockholders?
False
Are the members of the board of directors elected by stockholders?
Yes, they are.
May directors of a corporation remove another director from his position?
The directors are elected by the stockholders and follow the corporate by-laws. If the by-laws permit a director to be removed by vote, then yes.
Who is a company secretary appointed by?
They are APPOINTED by the Chairman of the Board of Directors. They can also be ELECTED by a vote of the BOD itself, or majority vote of the stockholders of the corporation.
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
How are corporate Directors elected?
The Board of Directors of a corporation are elected by the shareholders with one vote per share.
Who elected the board members for a stock corporation?
stockholders
What group is elected to act on the behalf of stockholders?
foundation
When was John Browne elected to the board of directors of British Petroleum?
In September 1991 Browne was elected to the board of directors of British Petroleum.
What is the agency relationship between directors of public ltd company and the shareholders?
The agency relationship between directors of a public limited company and the shareholders is that the directors act as agents of the shareholders. The directors are entrusted with managing and making decisions on behalf of the company, with the aim of maximizing shareholder value. They have a fiduciary duty to act in the best interests of the shareholders and are accountable to them for their actions and decisions.
How can a directors can be remove?
Artticles of Amendment Directors are elected to their positions by the shareholders of the corporation. The shareholders have the legal power to remove directors.
What is a board of directors?
Board of directors is a group of people who are elected or appointed to an organisation to direct the strategy of the organisation.
