Who Runs Any Corporation?
In all corporations, big and small, the same roles contribute to the management of a company.
The shareholders are the true owners. They hold the stock, representing the value of the company. The main responsibility of the shareholders is to elect the Board of Directors. The Board owes their allegiance to the shareholders.
This graphic shows the relationship between the shareholders and the Board of Directors, the role of the Trustee and the place of the officers, supervisors, and employees.
