Examlex
Which of the following is NOT a duty of the directors of corporations?
Hostile Takeover
An acquisition attempt by a company or individual without the consent or cooperation of the target company's management.
Capital Structure
Refers to the mix of debt and equity that a company uses to finance its operations and growth.
Public Share Issue
The process by which a company offers new shares for sale to the general public for the first time, through an initial public offering (IPO).
Prospectus
A formal legal document that is required by and filed with securities regulatory bodies to provide details about an investment offering for sale to the public.
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