27. This group is elected by stockholders to oversee management in a corporation.A.Chief CounselorsB.Chief ExecutivesC.Board of DirectorsD.Auditors Show AACSB: Reflective ThinkingBlooms: RememberBlooms: UnderstandDifficulty: 1 BasicLearning Objective: 01-06 Identify a firm's primary agency relationship and discuss the possible conflicts that may arise.Source: NEWTopic: Corporate governance monitors28. These individuals examine the firm's accounting systems and comment on whetherfinancial statements fairly represent the firm's financial position.  AACSB: Reflective ThinkingBlooms: RememberBlooms: UnderstandDifficulty: 1 BasicLearning Objective: 01-06 Identify a firm's primary agency relationship and discuss the possible conflicts that may arise.Source: NEWTopic: Corporate governance monitors1-24 Chapter 01 - Introduction to Financial Management29. These individuals follow a firm, conduct their own evaluations of the company's businessactivities, and report to the investment community. AACSB: Reflective ThinkingBlooms: RememberBlooms: UnderstandDifficulty: 2 IntermediateLearning Objective: 01-06 Identify a firm's primary agency relationship and discuss the possible conflicts that may arise.Source: NEWTopic: Corporate governance monitors30. These individuals help firms access capital markets and advise managers about how tointeract with those capital markets. AACSB: Reflective ThinkingBlooms: RememberBlooms: UnderstandDifficulty: 2 IntermediateLearning Objective: 01-06 Identify a firm's primary agency relationship and discuss the possible conflicts that may arise.Source: NEWTopic: Corporate governance monitors31. These individuals examine a firm's financial strength for its debt holders.A.AuditorsB.Investment analystsC.Investment bankersD.Credit analysts AACSB: Reflective ThinkingBlooms: RememberBlooms: UnderstandDifficulty: 2 IntermediateLearning Objective: 01-06 Identify a firm's primary agency relationship and discuss the possible conflicts that may arise.Source: NEWTopic: Corporate governance monitors1-25 Chapter 01 - Introduction to Financial Management
Who is elected by the stockholders of a corporation?A board of directors is a group of people elected by the company's shareholders to oversee the management of the business and make major decisions on its behalf. The size of a company's board varies, but it typically consists of between three and seven members.
What is a stockholder in management?A stockholder is also known as a shareholder of a company or an individual that owns at least one share of an organisation's capital stock. Stockholders are mostly the owner of the company and generally acquire the company's accomplishment in the form of increased stock valuation.
What is it called when stockholders own the business the organization?A business owned by one person is a sole proprietorship. A business owned by two or more persons associated as partners is a partnership. A business organized as a separate legal entity owned by stockholders is a corporation.
What is the role of the stockholders in the organization of a corporation?Stockholders enjoy certain rights associated with ownership to a company, such as having voting rights in deciding who serves on the board of directors, receiving periodic payments in the form of dividends and even having a claim to a portion of any residual assets if the company liquidates.
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What group is elected by stockholders to oversee management in a corporation?
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