Management of a Corporation is Vested in the Board of Directors.

The article offers information on a general principle that management and control of a corporation is vested in the board of directors with reference to the judicial decision of the Missouri Court of Appeals in the case of Robinson v. Langenbach. It discusses several cases including Struckhoff v. Echo Ridge Farm Inc. related to shareholder oppression, Turner v. Gateway Bobcat of Missouri Inc. regarding default judgments, and Davison v. Dairy Farmers of America Inc. for age discrimination.