Corporate governance is the system of rules, practices and procedures that guide, control and govern a company. It provides a structure for determining the methods used to achieve corporate goals and monitor performance.
Corporate officers are the individuals responsible for managing a corporation’s daily operations. They are appointed by the board of directors.
Corporate opportunity is a doctrine within fiduciary duty law that prohibits senior executives and directors from diverting business opportunities that belong to the corporation for their own personal
Corporate raider refers to the practice of obtaining a controlling share of a corporation, then proceeding to sell off that company’s assets or force a merger with another company. The proceeds of any sold assets are subsequently divided among the shareholders.
Corporate resolution (also known as a board resolution) is a written legal document issued by the board of directors of a corporation documenting a binding decision made on behalf of the corporation.
A corporate takeover occurs when the controlling interest in a corporation shifts from one party to another. Corporate takeovers are categorized as either hostile or friendly depending on whether the management of the company being taken over is a willing participant or not.
A corporation is an entity that acts as a single, fictional person. Much like an actual person, a corporation may sue, be sued, lend, and borrow. Additionally, a company which has been incorporated can easily transfer ownership through stock sales and exist indefinitely.
Corruption is the dishonest, fraudulent, or criminal use of entrusted authority or power for personal gain or other unlawful or unethical benefits.
Counsel and procure are forms of accomplice activity.
