What is NOT a qualification for corporate directors?

The primary qualifications for corporate directors often include having a specific ownership stake in the company, which is generally indicated by holding at least one share of stock and ensuring that such ownership is officially documented in the corporation's records. This is important as it aligns the interests of the directors with those of the shareholders, fostering a sense of responsibility and investment in the company's performance.

The requirement that a majority of directors be citizens, while relevant in some jurisdictions, does not apply universally to all corporations and is not a core qualification in many corporate governance frameworks. Thus, stating that a majority must be citizens isn't a consistent qualification for corporate directors in all contexts, making it the correct response to this question.

In many places, there may not be a mandate that requires a specific citizenship status for a majority of directors, as corporate governance can often allow for flexibility regarding the nationality of board members. Therefore, the requirement pertaining to nationality differs more significantly across various jurisdictions compared to the other universally recognized qualifications regarding ownership and documentation.