<P> Registered corporations have legal personality and are owned by shareholders whose liability is generally limited to their investment . Shareholders do not typically actively manage a corporation ; shareholders instead elect or appoint a board of directors to control the corporation in a fiduciary capacity . In most circumstances , a shareholder may also serve as a director or officer of a corporation . </P>
<P> Registered corporations have legal personality and are owned by shareholders whose liability is generally limited to their investment . Shareholders do not typically actively manage a corporation ; shareholders instead elect or appoint a board of directors to control the corporation in a fiduciary capacity . In most circumstances , a shareholder may also serve as a director or officer of a corporation . </P>
who has the most control over a corporation
who has the most control over a corporation
board of directors
board of directors