Examlex
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Common Stock
An ownership stake in a company, signified by equity securities, granting the holder voting rights on corporate issues and entitlement to dividends.
Agency Problems
Conflicts of interest that arise when agents (managers or executives) make decisions that benefit themselves rather than the principals (shareholders) they are supposed to represent.
Sole Proprietorships
A company that is both owned and managed by one person, where there is no legal separation between the proprietor and the business itself.
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