In a corporation, what group has the ultimate responsibility for protecting and managing the stockholders' interests?© BrainMass Inc. brainmass.com October 1, 2020, 6:18 pm ad1c9bdddf
In a corporation the board of directors is ultimately responsible for protecting and managing the stockholder's interests. The board of directors consists of individuals who are elected by the shareholders of a corporation to act on behalf of them. Directors have a duty to shareholders to manage the affairs of the business in a prudent ...
In a 184 word solution, the response clearly explains the responsibility issue.