Aha Trivia Stuff Everyone Should Know
Aha Trivia: Stuff Everyone Should Know · ahatrivia.com/mb-american-business-d0fd65864c51

Who elects a corporation's board of directors?

The shareholders.

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  1. The creditors
  2. The employees
  3. The shareholders ✔

Why: A privately owned, for-profit corporation is owned by shareholders, who elect a board of directors to direct it.

Huh, didn't know that: A privately owned, for-profit corporation is owned by shareholders, who elect a board of directors to direct it.

The dad joke
Shareholders vote, then the board takes the wheel.
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References

Answer: The shareholders. A privately owned, for-profit corporation is owned by shareholders, who elect a board of directors to direct it.

  1. Business en.wikipedia.org/wiki/Business
    owned by its shareholders, who elect a board of directors
    Checked 2026-11-07.

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