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What does it mean that the board of directors represents the shareholders of a corporation? Do...

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Finance

What does it mean that the board of directors represents theshareholders of a corporation? Do you believe that a focus onshareholders and profit may lead to the types of ethical problemsthat have been seen in some large corporations recently? Why or whynot?

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The board of directors are elected by the shareholders to run the corporation and hence they represent them They are entrusted with the responsibility of taking decisions that are in the best interests of    See Answer
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What does it mean that the board of directors represents theshareholders of a corporation? Do you believe that a focus onshareholders and profit may lead to the types of ethical problemsthat have been seen in some large corporations recently? Why or whynot?

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