Are stockholders higher than the board of directors?

Answer In the corporate hierarchy of a publicly traded company, stockholders are higher than the board of directors because stockholders are the owners of the company. They elect the board of directors. T... Read More »

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Is the board of directors more powerful than an owner?

Yes. Read your governing documents to more fully understand how your stake in cooperative ownership of real estate operates: you'll discover that it is a business. Essentially, then, you are a 'sto... Read More »

Is it legal to maintain an hoa without a board of directors board members terms were up may 2010 and meeting to vote on a new board was canceled by them you have a management co following them?

Read your governing documents to understand how long elected directors serve when no annual meeting takes place. As well, read there whether or not an annual meeting 'shall' take place, and the age... Read More »

What Is the Difference Between a Board of Directors&a Board of Trustees?

Essentially, there is no difference between a board of directors and a board of trustees. According to, both groups "describe the same governing body of a nonprofit" or organization... Read More »

How Valuable Is a Board of Advisors or a Board of Directors?

When starting a corporation or a non-profit organization, creating a board of directors is required. While the role of the board of directors may be unclear to some, it provides many valuable benef... Read More »