Which of the following individuals has the most power to influence corporate policy on a longterm basis?
A. A shareholder owning 60% of the outstanding common stock.
B. A shareholder owning 80% of the outstanding preferred stock.
C. The treasurer of the corporation.
D. The controller of the corporation.
Answer:A
Which of the following individuals has the most power to influence corporate policy on a longterm basis?
A. A shareholder owning 60% of the outstanding common stock. B. A shareholder owning 80% of the outstanding preferred stock. C. The treasurer of the corporation. D. The controller of the corporation.