{"id":4815,"date":"2016-04-04T10:47:45","date_gmt":"2016-04-04T15:47:45","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/smallbusiness\/incorporation-and-legal-structures\/corporate-structure-directors-to-shareholders.html"},"modified":"2025-10-17T15:40:00","modified_gmt":"2025-10-17T20:40:00","slug":"corporate-structure-directors-to-shareholders","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/smallbusiness\/incorporation-and-legal-structures\/corporate-structure-directors-to-shareholders.html","title":{"rendered":"Board of Directors and Corporate Structure: Directors, Officers and Shareholders"},"content":{"rendered":"\n
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Board of Directors and Corporate Structure: Directors, Officers and Shareholders<\/h1>\n\n
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\n By Jade Yeban, Esq.<\/a> | Legally reviewed by Catherine Hodder, Esq.<\/a>\n | Last updated\n
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Editorial Note: We earn a commission from affiliate partner links on FindLaw. Commissions do not affect the editorial integrity of our legal content.<\/p>\n\n <\/div>\n \n

\n \n <\/i>\n Legally Reviewed\n <\/summary>\n\n
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This article has been written and reviewed for legal accuracy, clarity, and style by FindLaw\u2019s team of legal writers and attorneys<\/a> and in accordance with our editorial standards<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n\n

\n \n <\/i>\n Fact-Checked\n <\/summary>\n\n
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The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n\n\n

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Corporate governance<\/span> has three main groups: directors, officers, and shareholders. Each group has a role in the company\u2019s supervision and daily operations<\/span>, ensuring accountability and a clear chain of command for making decisions.<\/p>\n\n <\/div>\n\n\n\n

A typical\u00a0corporation\u2019s structure consists of three main groups:<\/p>\n