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What do a corporation’s directors do?

The corporate board of directors has broad powers which they exercise in making the big policy decisions affecting the corporation. Such decisions would include when stock should be issued, the purchasing or selling of property, the election of corporate officers, mergers and acquisitions, other major transactions the corporation needs to undertake, etc.

 The incorporator and/or the original shareholders will determine how many directors sit on the board, and this will generally appear in the articles of incorporation and/or the corporate bylaws.

The corporate board of directors has broad powers which they exercise in making the big policy decisions affecting the corporation. Such decisions would include when stock should be issued, the purchasing or selling of property, the election of corporate officers, mergers and acquisitions, other major transactions the corporation needs to undertake, etc.

 The incorporator and/or the original shareholders will determine how many directors sit on the board, and this will generally appear in the articles of incorporation and/or the corporate bylaws.

 

1 comment

  • tester6
    tester6 Saturday, 11 January 2014 17:15 Comment Link

    The incorporator and/or the original shareholders will determine how many directors sit on the board, and this will generally appear in the articles of incorporation and/or the corporate bylaws.

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European Funds – for the development of innovative economy. We invest in your future Project is co-financed by the European Regional Development Fund under the Operational Programme Innovative Economy.