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-Robert Owen's New Lanark
Independent Directors
Board members who are not part of a company's day-to-day operations, ensuring unbiased oversight and reducing conflicts of interest.
Zapata Test
A legal standard used to determine the independence and good faith of a special litigation committee's investigation and recommendations in corporate litigation.
Property Dividend
A type of dividend payment made in assets other than cash, such as stocks or physical assets.
Excess Liquidity
The situation where an organization or individual possesses more cash resources than are necessary for current operations or investments, potentially indicating underutilization of assets.
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