Examlex
Reef-building corals are cnidarians that are characterized by:
Declines to Declare Dividends
The decision by a company's board of directors not to distribute earnings to shareholders in the form of dividends.
Fundamental Change
A significant alteration in the operations, structure, or financial standing of a company that can affect its stakeholders.
Minority Shareholder
A minority shareholder is someone who owns less than 50% of a company's shares and therefore does not have a controlling interest in the company.
Preemptive Rights
Rights that allow existing shareholders the opportunity to buy new shares of a company's stock before it is offered to the public, often to maintain their percentage of ownership.
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