Why are shareholders given the responsibility to appoint directors?

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17-03-2022
Business

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Why are shareholders given the responsibility to appoint directors?

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clarkmar003 clarkmar003 · Answer 1 · 2022-03-17T19:12:17+01:00

clarkmar003 clarkmar003

17-03-2022

The role of the board of directors is to act as an advocate for shareholders and monitor the corporation's management team to ensure that they are promoting and maximizing the shareholders' interest.

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