Is a corporation controlled by stocks or board of directors?

Is a corporation controlled by stocks or board of directors?
A corporation is controlled by a board of directors, a CEO and amanagement team. However, the goal of a corporation is to maximisethe wealth of shareholders, and in doing so increase the price oftheir stock.
tl:dr:
Raising stock price is the goal, board controls decisions
So true regarding the above answer. Let me add as a minor edit thatin certain situations, such as a proposed buy out or merger withanother company, the stockholders are usually asked to vote on suchmeasures.

addition; a corp is controlled by one or more stockholders who owna real or effective majority of the stock, they hire a board ofdirectors who hires a CEO. In many cases the board members areselected with the approval of large institutional investors whohave a large percentage of the stock. Sometimes a number of largerminority stock holders will join together or enlist smallerinvestors in proxy action to exert their control.