What is the name of the group of persons elected by the stockholders to govern a corporation?

The group of persons elected by the stockholders to govern a corporation is known as the Board of Directors. This group is responsible for making key decisions on behalf of the shareholders, overseeing the management of the corporation, and ensuring that the company operates in the best interests of its shareholders. The Board has the authority to set corporate policies, approve budgets, and make decisions regarding dividends and stock issuance.

The Board serves as a crucial link between the management of the corporation and its shareholders, facilitating accountability and aligning the interests of executives with those of the shareholders. This governance structure is foundational in corporate governance, helping to establish a balance of power within the corporation.

Other groups mentioned, such as an executive committee or management team, refer to individuals managing operational aspects rather than broader governance roles defined by shareholder election. An advisory board, while it can provide information and guidance, does not have the official governing authority that the Board of Directors possesses.