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Hoochie [10]
3 years ago
6

Corporations have limited liability, but lose ultimate control of corporate assets to the ______________ ..

Business
1 answer:
Vinil7 [7]3 years ago
5 0

Answer:

Stockholders

Explanation:

Stockholders are the owners of a company.  As owners , stockholders have voting rights in the company.  Shareholder elects directors who represent them on the board of directors. Each share is equivalent to one vote.  The board members recruit top management of the company. The board provides policy guidelines, makes critical decisions, and supervises senior management.

By electing board members, shareholders influence the management of the business. Should the stockholders be unhappy with the way the company is being managed, they can vote out the current director and elect new ones. The new directors then appoint fresh managers. In this way, shareholders maintain control of the assets of the company and its assets.

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tatiyna

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