Examlex
By focusing on the alignment of HR practices with organizational strategy,a company will achieve greater performance and fit than by focusing on best practices and benchmarking.
Balancing Of Factors
A legal principle that involves weighing different interests or issues against each other to reach a fair decision.
Independent Directors
Board members who do not have a material or financial relationship with the company or its management, except for board service, providing objective judgement.
Shareholder Liability
The legal responsibility of shareholders for the debts or actions of a corporation, usually limited to their investment in the company.
Corporate Debts
Financial obligations or borrowings incurred by corporations, typically involving bonds or loans, used for business operations or expansions.
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