Examlex
A local government work-crew cleans up parks and other public spaces. In this crew the dirtiest jobs are generally given to the newest members, while the more senior members of the crew tend to do little except draw their pay. What is the class of norms that encompasses arrangements like this?
Proxy Solicitation
involves the process of collecting votes from shareholders by a group or individual designated to vote on their behalf during a corporation's shareholders' meeting.
Compensation Committee
A board committee responsible for setting and reviewing the compensation arrangements for the company's executives and directors.
Entrust
To give someone the responsibility of taking care or managing something with confidence in their integrity and ability.
Directors Liability
Refers to the legal responsibility of corporate directors for their actions and decisions, affecting both the corporation and its stakeholders.
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