Examlex
The book value of a common stock is a firm's shareholders' equity divided by the number of outstanding shares of common stock.
Union Security Agreements
Contracts between employers and labor unions that ensure the collection of union dues and often require membership as a condition of employment.
Landrum-Griffin Act
Also known as the Labor-Management Reporting and Disclosure Act of 1959, it is a statute that aims to protect union members' rights and improve unions' democratic governance and financial integrity.
Democratic Standards
Criteria or guidelines used to assess the degree to which organizations or societies operate based on democratic principles, such as inclusivity, participation, and fairness.
Union Financial Activities
Refers to the various financial operations and transactions conducted by a labor union, including dues collection, budgeting, and funding of activities.
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