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The Exit-Voice-Loyalty-Neglect (EVLN)model

question 236

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The exit-voice-loyalty-neglect (EVLN) model:


Definitions:

Liable

Legally responsible or obligated.

Professional Shareholders

Investors who hold a significant amount of shares in a company and often have a substantial influence on the company's management and decisions.

Personally Liable

means an individual is legally obligated to pay a debt or damages out of their own assets.

Obligations

Obligations are legal or moral duties that a person or entity is required to fulfill, including contractual commitments or the requirement to compensate for harm caused by one's actions.

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