Originally Posted by
Bike Lover
Corporations are not people. They are legal entities run by people for the sole purpose of enriching the companies share holders. The only time you will hear corporations being referred to anything but an "it", is when one is trying to elicit sympathy for the corporation.
What's the CEO of a company? The first person to answer to the shareholders.
Correct.
The answer to the shareholders part used to be correct. Now they answer to their pals on the Board of Directors (that's the Board
they appointed). Because shareholders wouldn't approve $100 million Golden Parachutes for aholes who just destroyed half the company's stock equity through their mismanagement.