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Shareholders are the people who own the company. The company is collectively their property. The officers of a company (CEO, etc) are caretakers of that proper
by lliamander 4y ago
Shareholders are the people who own the company. The company is collectively their property.
The officers of a company (CEO, etc) are caretakers of that property on behalf of the shareholders.
If you own a Pizza Hut, and you hire someone to manage and run the store, their job is to make sure the store (and thus you) make a profit. The CEO has the same obligation to shareholders.