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Is a corporation controlled by stocks or board of directors?

Answer:
A corporation is controlled by a board of directors, a CEO and a management team. However, the goal of a corporation is to maximise the wealth of shareholders, and in doing so increase the price of their stock.
tl:dr:
Raising stock price is the goal, board controls decisions
First answer by 84ed84. Last edit by 84ed84. Contributor trust: 0 [recommend contributor recommended]. Question popularity: 151 [recommend question].

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