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Accounting and Payroll Services for Micro Companies - Call us on 0190 864 9895 |
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Section::Shareholders |
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The Responsibilities of Shareholders The owners of a company are called the shareholders or the stockholders; shares represent ownership of a Company. When a Company is formed it is possible to select both the number of shares that will exist and the number that are issued. Shareholders are responsible for ensuring the long-term strength of a Company by electing a board of directors to provide guidance and leadership and to establish strategic goals. Shareholders can vote in person at the annual meeting or by a proxy vote through the mail. A shareholder’s responsibility is to provide the Company with a current address for receiving Company information to allow the Company to maintain a complete and accurate shareholder record. |
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Last Updated [03/12/2008 15:30:15]
http://www.sumituk.co.uk//Question/ShareHolder.asp