Indianapolis Business Daily

In a stock market who is reponsible for decision making in a corporation?

And who manages the Human resource?Was that all the share-holders are responsible for decision making or any specific source exists?If so what is that source?

Public Comments

1. The "In a stock market" part of your question threw me off because whether a corporation's stock is publicly traded or privately held, the CEO is the decision maker. She may empower others in the corporation to make decisions on certain topics, but ultimately the CEO is responsible for all major decisions. Human resources is most often managed by the VP of Human Resources, although in some smaller corporations this function is merged with other departments like Finance.
2. Decision manking in a Corporation is accomplished by all levels of managment. H.R. is managed by a H.R. Manager who reports normally to the president. This is could all the way from the plant level to the board. The share holders have no decision making responsibility in the Company except the elect the Board of Directors.
3. IN a stock market??? Wrong way of asking the question: Your question should read, IN a publically traded company, whose shares trade on a stock market, who is responsible for decison making? FIRST of all , Shareholders are NEVER EVER responsible for decision making for the day to day operations of the company. The board of directors is responsible, and the shareholders get to vote for who sits on the board of directors. I'm talking about the average shareholder. The board of directors will hire a President, who will hire Vice Presidents who will hire managers, who will hire staff. The Human resources manager and the other operational managers typically are responsible for Human Resources. Of course there is the case where 1 shareholder, the guy who started the company, like Bill Gates at MIcrosoft actually is a shareholder AND a decision maker for day to day operations because its HIS company, but this is very very rare. Its possible that the Human resources manager and other managers also own stock in the company, but they don't get the authority to make decisions Because they are shareholders..they get to make the decision because that's what they were hired to do. They just happen to be shareholders as well. Publically traded companies issue millions and millions of shares. The average shareholder only gets to attend shareholder meetings and vote on who sits on the board of directors. Sometimes, such as the case of one company offering to take over another, the shareholders will get to vote on whether or not they think the takeover offer is a good deal. ALSO, the first answerer is kind of correct. THE CEO typically is the top level of the rung for day to day operations..BUT in a publically traded company, the CEO Answers to the Board of Directors. The Board of directors appoints or hires a president, who is usually the CEO as well..