Which of the following holds ultimate control over a publicly traded corporation's

governance and decision$-$making processes?

a$)$ Only the conglomerate of institutional investors and pension funds investing in

the corporation.

b$)$ A complex network of interlocking directorates comprising influential executives

from various industries.

c$)$ A diversified group of shareholders across multiple jurisdictions, including

individuals, trusts, and sovereign wealth funds.

d$)$ The board of trustees elected by the company's stakeholders to safeguard their

interests and ensure corporate accountability.

e$)$ The series of regulatory bodies, supranational organizations, and governmental

agencies tasked with overseeing corporate governance standards and market

integrity.