Examlex
In the context of the business costs of ethical failures, level 1 costs that are less damaging and get more executive attention include:
Compulsory Share Exchange
A mandatory transaction in which the shares of one company are exchanged for those of another, typically in the context of mergers and acquisitions.
Board of Directors
A group of individuals elected by shareholders to oversee the management and make crucial decisions for a corporation.
Shareholders
Individuals or entities that own one or more shares of stock in a corporation, thereby having a financial stake in its success.
Involuntary Dissolution
The process by which a court orders the dissolution of a corporation against its will, usually due to fraud or harm.
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