There Are Three Dates That Are Important to a Corporation

question 51

Essay

There are three dates that are important to a corporation when they issue new shares of stock.Identify the three dates and explain the significance of each?
Date of declaration- The board of directors declare a cash dividend and the dividend now becomes a legal liability of the corporation
Date of record- On the date of record the corporation makes a list of the shareholders that are elgible for the cash dividend
Payment date- On the payment date the company pays the shareholders on record their cash dividend.

---

Definitions:

Socialization

The process by which individuals learn and internalize the values, beliefs, norms, and social skills necessary to participate within their society or group.

Markers of Difference

Distinctive characteristics or attributes that are used to distinguish and categorize individuals or groups, often related to identity and social divisions.

Communicatively Constructed

A concept or reality that is created and maintained through the use of language and communication among people.

Power

The ability or capacity to influence, control, or manipulate outcomes, behaviors, or decisions, often within social, economic, or political contexts.