What governs the operations and management of a corporation as per the Revised Corporation Code?

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The operations and management of a corporation are primarily governed by the Articles of Incorporation and corporate laws, which are foundational documents and legal frameworks that outline a corporation's structure, purpose, and the rules by which it must operate.

The Articles of Incorporation act as a formal declaration to the state that a corporation exists, detailing vital information like the corporation's name, purpose, location, and the structure of its share capital. They also often include provisions for the governance of the corporation, including how directors are elected and the rights of shareholders. Corporate laws provide the regulatory framework within which the corporation operates, including compliance with statutes that dictate the rights and responsibilities of management, shareholders, and various corporate governance aspects.

In contrast, company bylaws and board decisions play a significant role in the operational details and internal governance but are not the primary legal documents that establish the corporation's existence. Shareholder agreements further regulate relationships among shareholders but do not govern the corporation as a whole like the Articles of Incorporation and corporate laws do. Lastly, while government regulations and compliance documents are essential for legal adherence, they do not define the core structure and operational management like the Articles and corporate laws.

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