Examlex
As a doctrine managerialism continues to evolve, its essence having been distilled under the label, "the new public management." According to Christopher Pollitt this has the following aspects, EXCEPT:
Capitalization
Refers to the total amount of a company's outstanding shares multiplied by the current market price of one share.
Commence Business
The act of starting operations or activities of a business upon completing necessary legal and regulatory steps.
Common Law
A collection of law not codified but derived from court decisions and judicial rulings.
Legal Entity
An organization or structure that holds legal rights and obligations, distinct from its members or owners, such as a corporation, partnership, or trust.
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