Who primarily acts as agents of the company?

The answer identifies directors as the primary agents of the company, which is accurate based on their role and responsibilities within the corporate structure. Directors serve on the board and are tasked with making crucial decisions regarding the management and operation of the company. They act on behalf of the shareholders, who own the company but are not typically involved in its day-to-day management.

Directors hold fiduciary duties to the company, which means they must act in the best interest of the company and its shareholders, making them essential agents in executing the firm's strategic and operational policies. Their decisions shape the direction of the business and have long-term implications for its success.

While employees also fulfill roles within a company and can act as agents within the scope of their employment, their authority is generally limited compared to that of directors. The board of directors has broader oversight and governance responsibilities, thereby positioning them as the primary agents of the company in the context of strategy and compliance.

Shareholders, on the other hand, typically do not engage in the direct management of the company and instead exercise their influence through voting rights during annual meetings. Members of the board and directors are synonymous in many contexts, reinforcing that it's the directors of the board who carry out the agency on behalf of the company.