What are the relationship between company's board, shareholders and other stakeholders in support of corporate governance?
- antoniusLv 73 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.