who does make the decisions in public limited company?

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who does make the decisions in public limited company?

2007-03-23 01:32:49 · 2 answers · asked by wilailuck s 1 in Business & Finance ➔ Investing

2 answers

chairman - if not them then the majority shareholders

2007-03-23 01:40:15 · answer #1 · answered by average joe 2 · 0⤊ 0⤋

Strategic decisions are made by the Board of Directors led by the Chairperson of the company. These need to be endorsed by the majority of shareholders. However, the day-to-day decisions are taken by the line managers based on the operational guidelines and policy framework set by the Board.

2007-03-23 09:03:26 · answer #2 · answered by Dave 2 · 0⤊ 0⤋