Posts Tagged: fidiciary responsibiltiies

Do Stockholders Really Have Rights?

Posted by & filed under Accounting Principles, Advanced Accounting, All Articles, Auditing, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Intermediate Accounting, Managerial Accounting, Video Updates.

In a recent article by James Stewart, it was noted that 41 directors of public companies lost their elections last year, but remained at their posts. How can this be, if this is a right of the stockholders? Stewart even found that directors who resign after losing votes don’t necessarily leave the board. Questions: 1…. Read more »