What Are the Primary Advantages and Disadvantages of Commonly Used

question 78

Essay

What are the primary advantages and disadvantages of commonly used takeover defenses?

---

Definitions:

Corporate Policy Decisions

Decisions made at the highest level of a corporation that determine its general direction and policies.

Corporate Officers

Individuals appointed to oversee the day-to-day operations and major corporate decisions, including CEOs, CFOs, and COOs.

Fiduciaries

Individuals or entities with a duty to act in the best interest of another party, often in a financial context.

Not Officers

Individuals or entities that do not hold an official position or authority within an organization.