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What is true of public corporations?
Public corporations are owned by shareholders who can buy and sell stock freely on the open market. They must adhere to strict regulatory requirements, such as financial reporting and disclosure obligations. Public corporations often have a large number of shareholders and are typically managed by a board of directors elected by the shareholders.
Can shareholders be on the board of directors?
Yes, shareholders can be on the board of directors of a company if they are elected by the other shareholders.
How are corporate Directors elected?
The Board of Directors of a corporation are elected by the shareholders with one vote per share.
How can a directors can be remove?
Artticles of Amendment Directors are elected to their positions by the shareholders of the corporation. The shareholders have the legal power to remove directors.
What form of municipal government closely matches the structure of corporations with a professional manager reporting to an elected board?
A council form of municipal government closely matches the structure of most corporations with a professional manager reporting to an elected board.
Can directors also be shareholders?
Yes, directors can be shareholders. In most small businesses, in fact, the directors are almost always shareholders. In larger companies, directors' compensation often includes stock or stock options so even individuals who did not own stock in the corporation at the time they were first elected as directors become shareholders over time through their purchase of stock or exercise of their stock options.
What form of municipal government closely matches the structure of most corporations with a professional manager reporting to an elected board?
A council form of municipal government closely matches the structure of most corporations with a professional manager reporting to an elected board.
What percentage do judges need to receive to be elected in Oregon?
90
Is there a percentage that an uncontested alderman in Chicago needs to be elected?
30
Who controls economic activity in a Capitalis society?
The corporations and the banks control the economy in a Capitalistic society. This is often accompanied by a veneer of democracy, which the corporations easily subvert with monetary payments or payments in kind to their favorite elected officials.
What is the percentage needed to be elected pope?
The ballot count for a new pope to be elected is two-thirds of the College of Cardinals present in the Conclave.
What form of municipal government closely matches the structure of the most corporations with a professional manager reporting to an elect board?
A council form of municipal government closely matches the structure of most corporations with a professional manager reporting to an elected board.
