explain the statement directors are the managers of the company?
461500
The board of directors control the company from the top.  If they don't like anything about the company, they're allowed to vote and make certain changes.  They can fire anyone, including the CEO after a vote.  So, in essence, they have final say on the major decisions, making them the ultimate managers.
373618
A holding company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.\n\nStrictly speaking, the term "holding company" might be used to describe any company that owns a majority of shares in another company. Usually, though, the term signifies a company which does not produce goods or services itself, but, rather, whose only purpose is owning shares of other companies (or owning other companies outright). Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies.\n\nBerkshire Hathaway is one of the largest publicly traded holding companies; it owns numerous insurance companies, manufacturing businesses, retailers, and other companies. Another large holding company of note is UAL Corporation, a publicly traded holding company whose only purpose is to wholly own United Airlines.\n\nSometimes a company intended to be a pure holding company identifies itself as such by adding "Holdings" or "(Holdings)" to its name. This was spoofed by Terry Pratchett and Neil Gaiman in their book Good Omens with the fictional company Holdings (Holdings) Incorporated.
195791
In the United States, claims under corporate law for mismanagement by directors and officers are usually brought (a) under the laws of the state of incorporation of that corporation and in the state or federal court for that state or (b) under federal securities laws and in the federal courts in the state (i) where the corporation is incorporated, (ii) where the stock of the corporation is traded or (iii) where at least one of the shareholders is resident.
677086
Directors Direct the film itself (what goes on the film), where as a producer direct the behind the scenes action and also handles some of the funding on the film, they are also creative consultants to the director of the director asks for assistance.
233334
Not directly. Most executives are hired by the Board of Directors. The Board is elected by voting shareholders.
743357
Sec 4 of the Companies Act, 1956 defines holding and subsidiary company. With reference to this, holding company is the one which acquires controlling interest in another company by - (1) acquiring more than 50% of equity capital, (2) having such powers which enables it to appoint or remove majority directors on other company's board, or (3) acquiring holding company of another company through one of the two modes above.\n\nHence holding company is the controlling company whereas subsidiary company is the controlled company. But legally both are seperate entities and in practical may just operate seperately even in different lines of business.\n\nPeople are not even aware many a times which company is subsidiary of which company.
1145296
cool...actually discussing something we learned about in college!\n\nOrganizations probably determine their policies on what the founders of the company believes in how best to run the businesses.\n\nI am a supervisor for a company and tend to believe in theory y management style, but I find that most of the rules that govern employees actions are geared to theory x type of working enviorment.  So, for my employees I let them relax when we are slow and they know to work when we are busy.\n\nAs long as they accomplish their tasks, I am fine with the work they do...but to answer you question, I believe it starts with company culture, and goes from there.\n\nHow about you?
683192
I don't really know what you mean here--do you wish to own shares in a corporation (the source), or buy them through options?  And you want to know which is better?\n\nOr do you want to know what corporations would do?  Since the most likely scenario in a tekover would be through electing a new board of directors, they more than likely would go for the voting common shares.\n\nHope this helps somewhat!\n--J.
365108
Can you be a little more specific in your question, do you mean a manager at a multi-national company or what?\n\nPlease write questions in proper grammar and be as detailed as possible in order for people to try to answer your question.
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The directors of a plc (Public Limited Company) have the responsibility to run a company and oversee its operations. They don't need to report such activities (and changes in activities) except through an annual report.\n\nIf the plc is a listed company then the stock exchange has additional reporting requirements. If these were not made then the company is probably in breach of its listing.\n\nThe directors need to report any changes regarding the capital structure of the company to its shareholders in accordance with its constitution.\n\nGet a hold of the company constitution and corporations law to see if they fulfilled their duties.\n\nYou don't mention which country this company is located in. In Australia, you complain to ASIC:\nhttp://www.asic.gov.au\n\nIn the US, you can complain to SEC:\nhttp://www.sec.gov\n\nIn the UK, it's the FSA:\nhttp://www.fsa.gov.uk\n\nHope that helps.\n\nCheers,\nRichard.
274157
The Board of Directors of a company determines when to split their stock.  Stock splits are done to either increase the total number of shares so that more people can own them, or to decrease the per share price so that more people can afford them.  It's usually the latter.
1140748
The Board of Directors are the Governors of the organization.  They set policy and direction for the organization.  They hire and supervise the Chief Executive Officer.  They are the WHAT of the organization and the CEO is the HOW.  This is similar whether this is a non-profit organization or a business.  The main difference between a non-profit and a business re the Board is that in a business, compensation for directors can be paid for their service on the Board.
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Director of Operations
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Short answer:\nBasically, board members are stand in "owners", who would want to know how the company is doing.  Statements are hopefully the objective assessment of this.\n\nLonger:\nThey should be using the statements as a measurement of the CEO's performance, as well as an indication of the firms internal condition so that they may assist in strategy formation. Mostly, it is a performance report of the CEO.  Boards for firms like Rite Aid failed to audit the reports to see if the CEO artificially influenced the reports, or Enron, where the board was just plain disinterested in things like statements, which contained footnotes that would have signalled the presence of the entities that Fastow set up to contain Enron's debt. Actually they were very interested, if you look at their (the board members') pre-meltdown stock sales.
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Chief Executive Officer. \n\nYou run the company and get a nice expense account.
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A 'director' is one who directs, a spiritual guide, a councellor,a manger or governor,part of a machine or instrument that guides or directs it's motion.\n\nThere is no such thing as a directer. It's a mis-spelling.
562292
In my opinion the administration department consists of the CEO/ then your Vice president, Financial Officer, Operating officer, Sales and Marketing department. Then it goes down into the actual labor force where your managers and supervisors come in.