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Board of directors

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13y ago

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How is the president of a corporation elected?

The board of trustees of the corporation choose their president. The stock-holders elect the board of trustees.


Do holders of common stock have any rights in a corporation?

Yes, they do have rights in a corporation.


Which is guaranteed a divided in a corporation?

commen stock holders


If someone serves on the board of directors of an large corporation who is you primarily accountable to?

stock holders.


Purpose of modern corporation?

To maximize profit. By U.S. law a corporation must do what it thinks will increase revenue and stock holders return.


Who owns Ford motors?

Ford Motors is a publicly traded corporation with a great many stock holders.


Who owns state farm insurance company?

State Farm is formed as a Stock Company (Corporation). So it's owned by it' stock holders.


What is a corperation owned by?

A corporation is owned by its shareholders, who hold ownership in the form of shares of stock. Shareholders elect a board of directors to oversee the corporation's management on their behalf.


How do you redeem NYNEX Corp Stock Certificate?

why a corporation would elect to redeem its stock? Nynex merged with Bell Atlantic. Bell Atlantic merged with Verizon. Contact Verizon to redeem the stock.


Did Petron Corporation issue additional share of stock and dividends to all share holders from year 1998 up to the present?

Yes and No


Who owns the Union Pacific Railroad?

The Union Pacific Railroad is a public corporation, stock holders own the railroad, or at least a small share of it.


Who do stockholders elect to act on their behalf?

The stockholders elect a board of directors to act on their behalf.The board hires managers to run the corporation on a daily basis. The stockholders become partial owners of the corporation.The corporation uses the money received from selling the stock to set up and run the business.