Who has the right to manage the business of a corporation?

The right to manage the business of a corporation typically rests with its board of directors, who are elected by the shareholders. The board sets the overall strategic direction and policies of the corporation. Day-to-day management is often delegated to executives, such as the CEO and other senior officers, who operate under the board's oversight. Ultimately, the shareholders maintain ultimate authority over the corporation, as they can vote to elect or remove directors.