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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.

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11y ago

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What group is elected to act on the behalf of stockholders?

foundation


Do the stockholders elect the board of directors.?

Yes, stockholders typically elect the board of directors in a corporation. This election usually takes place during the annual shareholders' meeting, where stockholders vote on proposed candidates for the board. The board of directors is responsible for overseeing the company's management and making key decisions on behalf of the shareholders. This process ensures that stockholders have a say in the governance of the company they invest in.


What happens in an indirect democracy?

In an indirect democracy, people elect representatives to act on their behalf.


What do stockholders of a corporation elect?

Board of


Who do the stockholders of a corporation elect?

board of director's


Stockholders of a corporation dirctly elect?

The board of directors


What does the stockholders of a corporation elect the?

Stockholders of a corporation elect the board of directors. The board is responsible for overseeing the company's management and making key decisions regarding its operations, strategy, and governance. By electing directors, stockholders influence the direction of the company and ensure that their interests are represented. The election typically occurs during the annual shareholders' meeting.


Who do stockholders of a cooperation elect?

Stockholders of a corporation elect the board of directors. The board is responsible for overseeing the company's management and making key decisions that affect the direction and strategy of the corporation. Stockholders may also vote on significant corporate matters, such as mergers or amendments to the corporate charter. This process allows shareholders to have a say in the governance of the company they own.


What is indirect resepentation?

Indirect representation refers to a situation where individuals elect representatives to make decisions on their behalf. In this system, citizens do not directly participate in decision-making but instead delegate their authority to elected officials who act on their behalf. Indirect representation is a common feature of representative democracies.


Which term best defines a government in which citizens elect representatives to rule on their behalf?

A republic


What ia another name for indirect democracy where citizens elect representatives who decide policies on their behalf?

Representative democracy is another name for indirect democracy, where citizens elect representatives to make decisions and policies on their behalf.


The common stockholders are most concerned with?

Common stockholders are most concerned with increasing the value of the stock they own. They elect the company's Board of Directors, which is supposed to guide the company in such a way that the value of their shares increases over time.