Examlex
In formal reports, form and content are inseparable, so writers must pay attention to both.
Cumulative Voting
A voting system used in elections, where shareholders multiply the number of shares they own by the number of director positions available to get their total number of votes.
Corporate Governance
The set of rules that controls a company's behaviour toward its directors, managers, employees, shareholders, creditors, customers, competitors, and community.
Independent Directors
Independent directors are members of a board of directors who do not have a material or pecuniary relationship with the company or its related entities, ensuring unbiased decision-making.
Board Size
Refers to the number of directors serving on a company's board, important for governance and strategic decision-making.
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