Corporations are large publicly owned companies. They have a separate legal entity. They are most popular forms of business organizations. They have the features of Limited liability, unlimited life, and huge fund raising etc. Corporate structure refers to a means of interaction among various departments and segments of a company. They are for the purpose of conducting business operations. It lays out all departments involved in the company and handling financial matters plus sales tasks. The management’s role is very crucial for the successful operations of business.

Board of Directors:

They are also known as directors. Shareholders elect the members of Board of Directors. It is of two types. Individuals from inside the company are elected i.e. Chief Executive Office (CEO), Chief Financial Officers, manager etc. These persons work in the company regularly. Individual or representatives are chosen externally, independent of company. Board of Director serves the shareholders interests. Their job is to watch and analyze manager’s performance and activities.

The Board Members include:

Chairman:

Board of Directors chooses the chairmen. This is the most important person in organizational hierarchy. He or she preside over the meetings, formulate strategies, and enhance communication channels, manage and represent the board.

Inside Directors: These are the shareholders or they may be the other inside personnel’s of company. They are called executive directors or management team. They are responsible for formulating, implementing and running of business strategies or plans as per schedule.

Outside Directors: They are similar to inside directors but not a part of internal management. They are supposed to provide unbiased non personal information that is based on facts and figures about company issues.

Management Team:

Management gets work done through others. They use their subordinates to accomplish certain tasks. They have an important role to play in adding value to company and profitability.

Chief Executive Officer (CEO):

This is a manager at the top of hierarchy, reporting to Chairmen and Board of Directors. His mains job is to work on the guidelines of the board and Chairmen. The Boards decisions are implemented by the CEO. He is part of internal management. He handles the firms operations and assists senior managers in taking necessary initiatives.

Chief Operations Officer (COO):

He is also acknowledged as senior vice president. His responsibilities are to address the matters and issues related to the daily operating activities i.e. sales and distributions, production and services etc.

Chief Finance Officer (CFO):

He is regarded as senior vice presidents. He is prone to report to the CEO. He is hold responsible for the budget preparations, auditing of financial statements (information). He analyzes and reports financial performance, monitor and control costs and expenditures. The goal of management is to maximize shareholders wealth and add value to company. There is need of perfect liaison among all departments of organization to perform well. It’s all about team work and team management. Here all have to play a big part. All must sense their responsibilities and communication channels must be strong to convey facts and figures regardless of unbiased data.

Management’s Effect on Investments:

The purpose of management is to maximize the shareholders wealth. They work in the best interests of shareholders. Management plays vital role in value addition and goal achievement. Organizational corporate structure alarms to investors and traders. Each one has to play his part in managing daily operations and activities of business.

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