Examlex
The Sarbanes-Oxley Act includes several significant reforms that affect the auditing profession,but it did not reduce an audit firm's ability to provide non-audit services to its audit clients.
Arrearage
A legal term for the part of a debt that is overdue after missing one or more required payments.
Preferred Shareholders
Investors who own preferred shares in a company, giving them priority over common shareholders in the distribution of dividends and assets.
Dividend Distributions
Payments made by a corporation to its shareholders, usually derived from the company's earnings.
Cumulative Voting
A voting system that allows shareholders to concentrate their votes on a single candidate for the board of directors.
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