Does every public company (that's on the stock market) need a board of directors elected by shareholders?

Question

If you own 51% of the company. Does the board still have the power to boot you?

Answer 1

yes

having at least one director is required by incorporation law. Directors are alwys elected by shareholders.

To be a listed on the stock market firm, multiple directors are required. The actual number may vary -- you can check at the website of the individual market -- look for listing requirements.

Answer 2

we initiate with talk of a company. It has shown handy to invent a agency shape which has right here residences: - It does not be counted on the existence of anybody individual, yet can proceed indefinitely. - The possession may be divided, and possession pursuits transferred. - possession pursuits could desire to be immune from courtroom circumstances directed on the form -- basically the sources of the form itself could desire to be in threat. possession pursuits in such an entity are represented with the help of inventory certificates. The company determines a thank you to sell inventory, how a lot, and at what cost; traders drawn to partaking interior the salary of the agency (if any!) could desire to purchase inventory. as quickly as bought with the help of the corporate, inventory is traded on exchanges or with the help of alternative potential; brokers come across skill shoppers and sellers, and convey them mutually to make a deal.