Corporate Governance

AGM: Annual General Meeting
An Annual General Meeting (AGM) is a key event where shareholders, directors, and stakeholders gather to discuss the company's annual performance and future strategies.
Annual General Meeting: Key Event for Corporate Governance
The Annual General Meeting (AGM) is a mandatory yearly gathering of a company's interested shareholders. It primarily focuses on presenting the accounts, directors' and auditor's reports, election of directors, and decisions on dividends and remuneration.
Annual General Meeting: An In-Depth Overview
A comprehensive exploration of Annual General Meetings (AGMs), their historical context, structure, importance, key events, and applicability in corporate governance.
Annual Return: Comprehensive Overview
An in-depth exploration of the Annual Return, its historical context, components, key events, and significance within corporate governance.
Audit Committee: Key Oversight and Governance Body in Corporations
A comprehensive exploration of audit committees, their historical context, structure, key events, importance, and related concepts in the realm of corporate governance and financial oversight.
Audit Quality: Ensuring Accuracy and Reliability in Financial Statements
Audit quality refers to the likelihood of an audit detecting and correcting material misstatements. It is crucial for ensuring the accuracy and reliability of financial statements.
C2 PRINCIPLES: Ethical Guidelines for Business Conduct
A code of best practice, established by Thomas Dunfee and David Hess of the University of Pennsylvania, describing how a company and its employees should deal with any attempt to make or solicit improper payments.
Chief Operating Decision Maker (CODM): Key Responsibilities and Roles
An in-depth exploration of the Chief Operating Decision Maker (CODM), focusing on their responsibilities, importance, and impact on organizational performance and segment reporting.
Chinese Walls: Information Barriers within Organizations to Prevent Conflicts of Interest
Chinese Walls are information barriers within organizations designed to prevent conflicts of interest by restricting the flow of information between departments. This practice is critical in maintaining integrity and trust in financial, legal, and corporate environments.
Clawback Provisions: Clauses to Reclaim Executive Bonuses
Clawback provisions are clauses in executive contracts allowing companies to reclaim bonuses if financial restatements or misconduct are later discovered.
Combined Code on Corporate Governance: Ensuring Effective Business Management
The Combined Code on Corporate Governance provides a set of principles and standards for good corporate governance practices, ensuring transparency, accountability, and integrity within business organizations.
Compliance: Ensuring Adherence to Legal and Regulatory Standards
An in-depth exploration of compliance in auditing and corporate governance, detailing its significance, types, mechanisms, historical context, key events, and practical applications.
Control: The Ability to Influence Company Decisions
Control within a company refers to the ability to influence decisions by winning votes at general meetings, typically achieved by holding a majority of voting shares.
Derivative Actions: Legal Mechanism for Corporate Redress
Derivative actions allow shareholders to sue on behalf of a corporation to address wrongs affecting the corporation, thus indirectly safeguarding shareholder interests.
Derivative Claim: Legal Action by Shareholders
A comprehensive overview of a derivative claim, including its legal basis, historical context, key events, importance, and detailed explanations.
Director: The Role and Responsibilities in Corporate Management
A comprehensive exploration of the role, responsibilities, and significance of company directors. This article covers historical context, categories, key duties, and legal considerations for directors in the corporate world.
Directors' Interests: The Interests Held by Directors in Shares and Debentures
An in-depth exploration of directors' interests, including their holdings in shares and debentures, and the regulatory requirements for disclosure to comply with the Companies Acts.
Directors' Report: An Overview of Mandatory Annual Disclosures
An in-depth look at the Directors' Report, a mandatory annual document prepared by a company's board of directors for its shareholders, detailing principal activities, performance, future developments, and compliance with statutory requirements.
Elective Resolution: Overview and Historical Context
An in-depth look into the concept of elective resolution in the context of corporate governance, its historical significance, types, key events, and implications.
Executive Board: Committee Involved in Daily Operations
An Executive Board is a group of individuals with substantial responsibility over the daily operations and strategic planning within an organization.
Extraordinary General Meeting: Comprehensive Overview
An in-depth examination of Extraordinary General Meetings (EGM) under the Companies Act 2006, including historical context, key events, types, procedures, and significance.
Extraordinary General Meeting (EGM): Special Meetings Outside Regular Schedules
An Extraordinary General Meeting (EGM) is a special gathering of shareholders and company executives convened to address urgent matters outside of the Annual General Meeting (AGM) schedule.
Extraordinary Resolution: Corporate Decision-Making
An in-depth exploration of extraordinary resolutions in corporate governance, their historical context, key requirements, and changes under the Companies Acts of 1985 and 2006.
Financial Reporting Council (FRC): UK's Independent Regulator
The Financial Reporting Council (FRC) is the United Kingdom's regulatory authority responsible for overseeing accounting standards, corporate governance, auditing, and actuarial professions.
FRRP: Financial Reporting Review Panel
Comprehensive coverage of the Financial Reporting Review Panel (FRRP) including its history, role, importance, key functions, and related concepts in the fields of Finance, Accounting, and Corporate Governance.
General Meeting: Overview and Significance
A comprehensive guide to general meetings, their types, significance, procedures, and key considerations in corporate governance.
Global Reporting Initiative (GRI): Sustainability Reporting Standards
The Global Reporting Initiative (GRI) provides a comprehensive framework for organizations to report their sustainability performance through standardized guidelines, enhancing transparency and accountability.
Golden Parachutes: Large Exit Packages for Executives
Golden Parachutes are substantial compensation packages for executives who leave a company, often bypassing compensation caps if structured correctly.
Greenbury Report: Pioneering Corporate Governance
A comprehensive overview of the 1995 Greenbury Report on corporate governance, highlighting its key recommendations, historical context, and lasting impact on corporate governance practices.
Hampel Report: An Essential Overview
A report issued in 1998 by a committee under the chairmanship of Sir Ronald Hampel, reviewing the implementation of the Cadbury Code and Greenbury recommendations and consolidating them into a new Corporate Governance Code.
Information Inductance: Influence of Required Communication on Behavior
The extent to which a person's behavior is affected by the information they are required to communicate. For example, company directors producing an annual report may emphasize favorable aspects of financial statements, possibly adopting creative accounting.
Inside Director: Key Role in Corporate Governance
An inside director in the USA is an employee of a company who has been appointed to the board of directors. Explore the role, importance, and various aspects of inside directors in this comprehensive article.
Integrated Reporting: A Comprehensive Overview
An in-depth exploration of Integrated Reporting, its historical context, methodologies, key components, and importance in contemporary corporate governance and sustainability.
Interlocking Directorates: Corporate Board Overlap
The situation where two or more companies are linked by having some members of their boards of directors in common, facilitating the exchange of information without formal arrangements.
Lead Director: Definition and Role
A comprehensive overview of the role of a Lead Director, a non-executive board member who ensures effective board functioning and adherence to corporate governance standards.
Lifting the Veil: Disregarding Corporate Personality
The act of disregarding the veil of incorporation to hold members or directors liable under certain circumstances, such as wrongful or fraudulent trading.
Minority Shareholder: Definition, Rights, and Considerations
A comprehensive examination of minority shareholders, their rights, implications, key considerations, and real-world examples within corporate structures.
Nominee Director: Representation on the Board
A Nominee Director is appointed to the board by a shareholder or stakeholder to represent their interests. This role is crucial in ensuring that the appointing party's views and preferences are considered in corporate decision-making.
Non-Executive Board: Key Role in Corporate Governance
A comprehensive overview of Non-Executive Boards, detailing their roles, responsibilities, and impact on corporate governance. Non-executive board members are not involved in daily operations but provide strategic oversight and guidance.
Non-Executive Director: Board Governance Expert
A Non-Executive Director (NED) is a board member who contributes to the governance of an organization without engaging in its day-to-day management.
Officers of a Company: Key Roles and Responsibilities
The directors of a company and the company secretary play pivotal roles in corporate governance and compliance. They hold significant responsibilities and powers, contributing to the strategic direction and operational success of the company.
Ordinary Resolution: Simple Majority Rule in Company Decisions
An ordinary resolution is a resolution passed by a simple majority of company members voting in person or by proxy. It is utilized when no other type of resolution is required by the Companies Act 2006 or the articles of association.
Proxy: A Vital Role in Corporate Governance
An in-depth exploration of proxies in the corporate context, including their roles, types, legal considerations, and historical background.
Proxy Battle: Corporate Voting Showdown
A comprehensive exploration of proxy battles, where competing shareholder groups seek to gather enough proxy votes to win a crucial corporate vote. This article delves into the historical context, types, key events, strategies, legal aspects, and more.
Proxy Voting: Voting on Behalf of a Shareholder
Proxy voting is a process where shareholders delegate their voting power to representatives, enabling them to vote on corporate matters without being physically present.
Register of Directors and Secretaries: Essential Information for UK Companies
A comprehensive overview of the Register of Directors and Secretaries, detailing its legal requirements, content, importance, and the regulations governing it as stipulated under the Companies Act 2006.
Register of Directors' Interests: A Comprehensive Guide
An in-depth exploration of the statutory book detailing directors' interests in shares and debentures, including historical context, key events, importance, examples, and more.
Resolution: A Binding Decision in Company Law
An in-depth look at resolutions in company law, exploring types, requirements, and their importance in corporate governance.
Revaluation of Fixed Assets: Understanding the Process and Its Impact
Comprehensive coverage on the revaluation of fixed assets, its historical context, procedures, importance, and implications in financial reporting as per relevant accounting standards.
Share Register: Register of Members
An in-depth look at the Share Register, also known as the Register of Members, detailing its significance in corporate governance, historical context, key events, and related terms.
Shareholder Proposal: Suggestions Made by Shareholders
A comprehensive overview and definition of shareholder proposals, including types, examples, historical context, and applicability in corporate governance.
Shareholders' Rights: Rights and Obligations of Company Shareholders
An in-depth look at the rights and obligations of company shareholders, exploring their historical context, types, key events, and importance in corporate governance.
Sharman Inquiry: Examination of Reporting Practices in Financial Auditing
An inquiry established by the Financial Reporting Council in 2011 to address concerns about liquidity risk and the viability of entities as going concerns, particularly in light of the financial crisis of 2007-08.
Single-Tier Board: Governance Model
A comprehensive overview of the single-tier board governance model, its historical context, structure, importance, examples, and key considerations.
Special Resolution: A Vital Decision-Making Tool in Corporate Governance
An in-depth guide to understanding special resolutions in corporate governance, including historical context, types, key events, detailed explanations, applicability, examples, and more.
Staggered Directorships: A Defensive Measure Against Takeovers
An in-depth exploration of staggered directorships, their historical context, types, key events, explanations, importance, applicability, examples, and related terms.
Stewardship: Guardian of Resources and Accountability
A traditional approach to accounting that places an obligation on stewards or agents to provide relevant and reliable financial information relating to resources over which they have control but which are owned by others, such as shareholders.
Subsidiary Auditor: Auditor of a Subsidiary Company
An in-depth exploration of the role, responsibilities, and significance of a subsidiary auditor in corporate governance and financial reporting.
Two-Tier Board: A Dual Governance System
A comprehensive look at the two-tier board system, a corporate governance structure commonly used in Germany, where a supervisory board and a management board share responsibilities.
Ultra Vires: Beyond the Powers
A comprehensive exploration of the legal principle 'Ultra Vires,' which denotes actions taken beyond the authority granted to officials or corporations.
Voting Share Capital: The Power to Influence Corporate Decisions
A comprehensive look at Voting Share Capital, its historical context, types, key events, importance, and applicability in modern finance and corporate governance.
White Knight: Strategic Corporate Rescuer
An in-depth exploration of the White Knight strategy in corporate takeovers, offering historical context, detailed explanations, examples, related terms, and comparisons.
Written Resolution: An Overview
A comprehensive look at Written Resolutions under the Companies Act 2006, detailing its historical context, types, key events, importance, and applicability.
Board of Directors: Company Governance
The Board of Directors is a group elected by stockholders to set company policy and appoint chief executives and operating officers. They are considered insiders and meet several times a year.
Business Judgment Rule: Legal Deference to Corporate Decisions
The Business Judgment Rule provides legal protection to corporate executives' decisions made in good faith, discouraging judicial interference in corporate governance.

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