Why must the Board vote and decide on important strategic matters? Why can’t the stockholders decide for themselves? Wou

[answerhappygod]

Why must the Board vote and decide on important strategicmatters? Why can’t the stockholders decide for themselves? Wouldn'tthe interests of the stockholders be better protected if they wereto decide on key strategic business decisions instead of a fewselected board members? Board members may engage in self-dealingand may make decisions that may benefit them but not necessarilythe corporation.
Do you agree with the statements? State your position on thematter and explain why.