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The three-exposure hypothesis suggests that:
Shareholders' Meeting
A gathering of a company's shareholders held to discuss and vote on corporate matters and decisions.
Preemptive Rights
The right of shareholders to purchase additional shares in a corporation before the public, in proportion to their existing shareholdings, to maintain their ownership percentage.
Capital Stock
The total amount of shares that a corporation is authorized to issue, as stated in its articles of incorporation.
Shares
Units of ownership in a company or financial asset, providing a proportion of the profits and losses.
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