Is a corporation controlled by stocks or board of directors?

Answer 1

A corporation is managed by directors and officers. Directors act as a group known as a board of directors. The board of directors is the corporation's governing body. It manages the corporation's business and affairs and has the authority to exercise all of the corporation

power.

How a corporation is controlled?

The term "corporate control" refers to the authority to make the decisions of a corporation regarding operations and strategic planning, including capital allocations, acquisitions and divestments, top personnel decisions, and major marketing, production, and financial decisions.

Answer 2

A corporation is controlled by a board of directors, a CEO and a management team. However, the goal of a corporation is to maximise the wealth of shareholders, and in doing so increase the price of their stock.

tl:dr:

Raising stock price is the goal, board controls decisions

So true regarding the above answer. Let me add as a minor edit that in certain situations, such as a proposed buy out or merger with another company, the stockholders are usually asked to vote on such measures.

addition; a corp is controlled by one or more stockholders who own a real or effective majority of the stock, they hire a board of directors who hires a CEO. In many cases the board members are selected with the approval of large institutional investors who have a large percentage of the stock. Sometimes a number of larger minority stock holders will join together or enlist smaller investors in proxy action to exert their control.