Examlex
Why is policy implementation left to the bureaucracy? What are some of the principal causes of implementation breakdown? What improvements do you think could be made to lessen the likelihood of such breakdowns? Explain.
Voting Trust
A type of shareholder voting arrangement by which shareholders transfer their voting rights to a voting trustee.
Model Business Corporation Act
A template law provided to guide states in the drafting of their own corporate statutes, aimed at promoting uniformity and clarity in corporate governance and activity.
Majority Shareholders
Individuals or entities that own more than half of the shares in a corporation, giving them significant control over the company's decisions.
Voting Trust
An arrangement transferring shareholders' voting rights to trustees, often used to consolidate control of a company.
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