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How was Andrew Carnegie able to dramatically change the U.S. steel industry?
Shareholders
Individuals or entities that own shares in a corporation, giving them ownership interests and rights within the company.
Sarbanes-Oxley
A federal law that set new or expanded requirements for all U.S. public company boards, management, and public accounting firms.
Public Company
A corporation whose shares are traded openly on stock exchanges or markets, making its ownership public.
Small Corporations
Refers to corporations with a limited number of shareholders and reduced regulatory requirements.
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