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Explain the role of employee participation in compensation decision-making.
Authorized Shares
The maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.
Issued Shares
The total number of shares that a corporation has legally sold to investors, including those held by the public and the company's officers or insiders.
Outstanding Shares
Outstanding shares refer to the total number of shares of a corporation's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares.
Cash Dividend
A payout of cash from a company's profits to its stockholders.
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