Bylaws are self-imposed rules that govern the internal management of an association or corporation, establishing guidelines for corporate operations and member conduct.
A comprehensive overview of the role, responsibilities, and significance of the Chairman of the Board within a corporation.
A comprehensive overview of corporate insiders, including their roles, regulations, and impact on corporate governance and financial markets.
A voting system designed to give minority stockholders representation on the board by allowing all votes an individual is eligible to cast to be cast for a single candidate.
A directorate is a group of people elected by shareholders to establish company policies and provide strategic governance and oversight.
An executive committee is a senior-level management committee empowered to make and implement major organizational decisions, oversee activities, and plan future initiatives.
Understanding the concept of inside information in corporate affairs, which involves confidential knowledge about a company's situation that hasn't been disclosed to the public. This includes regulations preventing insiders from trading based on such information.
An in-depth look at minutes, the written transcription or record of a meeting, essential for corporations to keep as part of their permanent records.
An in-depth exploration of shareholders, their rights, types, roles, and significance within corporations, REITs, and mutual funds.
Shares Authorized refers to the total number of shares a corporation is legally permitted to issue as detailed in its Articles of Incorporation. This figure typically exceeds the number of shares issued and outstanding.
A comprehensive overview of the staggered election system used for electing a percentage of the board of directors of a public corporation, typically to prevent hostile takeovers.
Statutory Voting, a prevalent voting procedure in corporations, allows shareholders to cast one vote per share for board nominees. It contrasts with Cumulative Voting, where a shareholder can allocate multiple votes to a single nominee.
A comprehensive guide about Stockholders' Derivative Action, its implications, types, and legal context in corporate governance.
A comprehensive analysis of Ultra Vires Activities, including their legal implications, historical context, and practical examples.
A comprehensive overview of the voting right of shareholders, including its significance, types, mechanisms, and historical context.
Detailed analysis of voting stock, its significance, and its role in corporate governance, including proxy rights.
An in-depth exploration of activist shareholders, their objectives, strategies for influencing corporations, and the impact they have on corporate governance.
A detailed exploration of the Board of Directors, its roles, responsibilities, significance, and the impact on corporate governance.
The Foreign Corrupt Practices Act (FCPA) is a pivotal U.S. law aimed at prohibiting the payment of bribes to foreign officials to secure or advance business transactions.
A comprehensive overview of the Go-Shop Period, detailing what it is, how it works, its types, historical context, and the criticisms surrounding its implementation.
A comprehensive guide to understanding internal audits, including their purpose, various types, and the essential principles known as the 5 Cs.
A comprehensive examination of the 'Just Say No' defense strategy, its use in corporate governance, illustrative examples, and the criticisms it faces in the context of hostile takeovers.
Explore the definition, function, and importance of a Nomination Committee in corporate governance. Understand its pivotal role in ensuring effective company leadership and compliance with governance standards.
A comprehensive overview of the role, responsibilities, and impact of non-executive directors in corporate governance. Understand how these key board members influence company strategy and ensure accountability.
Options backdating involves the practice of issuing stock options retroactively to benefit the option holder. This entry explores its mechanics, legal considerations, historical examples, and impacts on financial reporting and corporate governance.
A detailed exploration of what a proxy fight is, the reasons behind it, the procedures involved, and an illustrative example from the corporate world.
A comprehensive guide to understanding proxy votes, including their definition, how they work, and practical examples.
An in-depth exploration of the Quiet Period, covering its definition, purpose, examples of violations, and implications in the context of IPOs and corporate governance.
A comprehensive guide to shareholders' agreements, detailing their key sections, provisions, examples, and how they operate within a company structure. Understand the rights and obligations of shareholders.
Explore the concepts of Tag-Along and Drag-Along Rights, their importance in protecting minority shareholders, and a detailed example to illustrate their application.
An in-depth look at Ultra Vires Acts, covering their legal definition, examples, historical context, and implications for corporations and other entities.
A comprehensive guide to understanding a voting trust, its purpose, how it works, and its practical application with examples.
A detailed exploration of Voting Trust Agreements, their purpose, operational mechanics, historical context, and practical applications in corporate governance.
A comprehensive guide on Voting Trust Certificates, their function in corporate governance, and their impact on shareholder voting rights.
