How Do Groups Enforce Norms

question 60

Short Answer

How do groups enforce norms?

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Definitions:

Cumulative Preferred Stock

A type of preferred stock that has a provision that requires the company to pay all dividends, including those that have been skipped, before any dividends can be distributed to common stockholders.

Common Shareholders

Individuals or entities that own shares of a company's common stock, granting them rights to dividends and voting in shareholder meetings.

Dividends

The portion of a company's earnings distributed to shareholders, usually in the form of cash or additional stock.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often receiving dividends before common shareholders.