kusi asked in Business & FinanceCorporations · 3 months ago

What are the relationship between company's board, shareholders and other stakeholders in support of corporate governance?

1 Answer

  • 3 months ago

    A board of directors is used for a regular corporation, and usually will be 7 persons,  the formation of a corporation 3 are required; president, treasurer, and secretary. Each have the same amount invested in the corp or each can invest  different amounts. The 3 are the main shareholders and run the corporation, but you can sell shares to other persons and issue stock certificates to them.  

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