Examlex
According to Kohlberg, the second level of moral development, characterized by considerations of society's laws and norms, is called
Voluntary Dissolution
It refers to the process by which a corporation's stakeholders decide to formally and legally end the corporation's existence.
Directors
Shareholders select individuals to monitor the management and decide on key issues for a corporation.
Shareholders
Individuals or entities that own share(s) in a corporation, granting them certain rights like receiving dividends and voting at shareholders' meetings.
Hostile Takeover
An acquisition attempt by a company or individual to obtain control of another company against the wishes of the target company's management and board of directors.
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