A public liability company is run on a daily basis by

A public liability company is run on a daily basis by the board of directors. The board of directors is responsible for making decisions and setting policies for the company, as well as overseeing the work of the chief executive officer (CEO) and other top executives. The CEO is responsible for implementing the policies and decisions of the board, as well as managing the day-to-day operations of the company. The shareholders, on the other hand, have a voice in major decisions through voting on matters such as the election of board members and major corporate transactions. Financial consultants may provide advice to the board or CEO, but they do not have direct responsibility for running the company.