Oversight of the Board of Directors Remains Intact Even When

question 79

True/False

Oversight of the board of directors remains intact even when the roles of chief executive officer and chairman of the board merge.

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Definitions:

Dilution Effects

In finance, the decrease in existing shareholders' ownership percentage of a company as a result of the company issuing more shares.

Aftermarket

A market for trading shares of a company after the initial public offering (IPO), also known as the secondary market.

Public Issue

The offering and sale of securities to the general public for the first time, typically through a stock exchange.

New Issue

Pertains to a financial security that has been recently issued to the public market for the first time, such as stocks or bonds.