The corporate structure is important to know because corporations have disproportionate influence over policy. That means that corporate shareholders have disproportionate influence over policy. Shareholders are not elected and are not accountable to the public for the policies they are responsible for enacting. The only way I know to impose accountability on them is through…
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It might be useful to explain briefly the standard structure of …
It might be useful to explain briefly the standard structure of corporations. All significant decisions in a corporation are made by the Board of Directors (usually between 12 to 15 people). They select the management, determine business strategy; what, how, and where the company will operate, etc. The Board of Directors is elected by the…