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Triple Bottom Line Refers to the Measurement of Business Performance

question 86

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Triple bottom line refers to the measurement of business performance along:

Comprehend the disadvantages and regulatory requirements associated with a company going public.
Distinguish between primary and secondary markets for securities.
Identify the regulatory bodies and their roles in the securities industry in Canada.
Understand the concept of equity carve-outs and their impact on public stockholders.

Definitions:

Board of Directors

A group of individuals elected by shareholders to oversee the management and make key decisions for a corporation.

Liability

Refers to legal responsibility for one's actions or omissions, typically resulting in the obligation to pay damages or compensation.

Authorized

Officially given permission or power to do something or to act in a certain capacity.

Implied Authority

Authority that is created not by an explicit oral or written agreement but by implication or inference. In agency law, implied authority of the agent can arise from custom, from the position the agent occupies, or from being reasonably necessary to carry out express authority.

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