Slide 11-6 Rights of stockholders Corporate Organization Chart Stockholders Ultimate Stockholders usually meet control once a vear Board of directors President Secretary Treasurer| Controller Other Vice Presidents Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999
?The McGraw-Hill Companies, Inc., 1999 Slide 11-6 Irwin/McGraw-Hill Rights of Stockholders Ultimate control Stockholders usually meet once a year. Corporate Organization Chart Secretary Treasurer Controller Other Vice Presidents President Board of Directors Stockholders
Slide 11-7 Rights of stockholders Corporate Organization Chart Stockholder ledgers are often Stockholders maintained by a stock transfer agent or stock Board of directors registrar. President Secretary Treasurer| Controller Other Vice Presidents Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999
?The McGraw-Hill Companies, Inc., 1999 Slide 11-7 Irwin/McGraw-Hill Rights of Stockholders Stockholder ledgers are often maintained by a stock transfer agent or stock registrar. Corporate Organization Chart Secretary Treasurer Controller Other Vice Presidents President Board of Directors Stockholders
Slide 11-8 Rights of stockholders Each unit of ownership is called a share of stock AMER CIN TELEHHONE AND昵 GRAPHI COMPANY A stock 412520 certificate serves I, lie(wiFe as proof that a 4 stockholder has SErU purchased shares 六 Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999
?The McGraw-Hill Companies, Inc., 1999 Slide 11-8 Irwin/McGraw-Hill Each unit of ownership is called a share of stock. A stock certificate serves as proof that a stockholder has purchased shares. Rights of Stockholders
Slide 11-9 Rights of stockholders When the stock is sold the stockholder signs a transter AMER CIN TELEHHONE AND昵 GRAPHI COMPANY endorsement on 412520 the back of the I, lie(wiFe stock certificate 4 SErU 六 Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999
?The McGraw-Hill Companies, Inc., 1999 Slide 11-9 Irwin/McGraw-Hill When the stock is sold, the stockholder signs a transfer endorsement on the back of the stock certificate. Rights of Stockholders
Slide 11-10 Functions of the board of directors Corporate Organization Chart Stockholders Overall Selected by a vote of the responsibility Board of Directors stockholders for managing the company. President Secretary Treasurer| Controller Other Vice Presidents Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999
?The McGraw-Hill Companies, Inc., 1999 Slide 11-10 Irwin/McGraw-Hill Functions of the Board of Directors Overall responsibility for managing the company. Selected by a vote of the stockholders Corporate Organization Chart Secretary Treasurer Controller Other Vice Presidents President Board of Directors Stockholders