Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between Shareholders, Directors, and Officers of a Corporation?

April 26, 2017corporation difference Directors Officers Shareholders

0

Posted

What is the difference between Shareholders, Directors, and Officers of a Corporation?

1 Answer

0

Posted

Shareholders own the Corporation. Shareholders elect Directors, who make corporate decisions. Directors appoint Officers (President, Vice President, Treasurer, and Secretary) who take care of day to day business and who carry out corporate decisions made by the Board of Directors.