By Leanna Kelly Every public company in the United States must have a board of directors. Stockholders elect board members, and they work for stockholders, voting on decisions to protect their interests. For example, whether to merge with another company. The board of directors plays an instrumental role in how a company is ultimately managed, and must act as a fiduciary in representing shareholders.
For shareholders, the board of directors is a direct line to the company they hold equity in. This is why companies hold an annual general meeting: to bring shareholders and board members together. In the meantime, throughout the rest …read more
