Power in Corporate Governance
Said to be owners of the corporation, these people own the company through stock certificates.
What are stockholders?
A statute enacted to prevent financial fraud in corporations. It mandated stricter financial reporting and greater board oversight.
What is the Sarbanes Oxley Act of 2002?
A type of executive compensation where shares of company stock awarded after a fixed period of years if individual and company performance goals are met.
What is Performance Shares?
A document issued by a state government to create a corporation.
What is a Corporate Charter?
First Woman to head a corporation as large as Hewlett-Packard.
Who is Carleton S. Fiorina
A form stockholders mark giving management the right to vote their shares as indicated.
What are Proxy Cards?
A financing transaction in which one firm lends assets to another firm in exchange for cash with a simultaneous agreement to purchase the assets back.
What is a repurchase agreement?
This chairman of the board is not an executive of the corporation.
What is Nonexecutive Chairman?
What are bylaws?
Was hired by Hewlett and Packard in 1957 as a leader in the research labs and later became a formidable presence on the board of directors.
Who is Tom Perkins?
A booklet of information sent to stockholders before annual votes on directors, executive pay, and other matters.
What is a Proxy Statement?
This act passed by congress requires companies to register securities and provide financial statements and other information to buyers before their sale.
What is the Securities Act of 1933?
Although criteria for annual bonuses may vary between corporations, they are most often given for ______.
What is meeting financial targets?
The legal duty of a representative to manage property in the interest of the owner.
What is Fiduciary Responsibility?
Patricia Dunn was nominated to be the _______ after the removal of Carly Fiorina
Nonexecutive Chairman
In the model that demonstrates reality, these people are found at the bottom of the flow of authority.
Who are Shareholders?
A Statute to reform financial regulation and prevent a recurrence of the 2007-2008 financial crisis
What is the Dodd-Frank Act?
Boards of directors on average have between _ to _ members.
What is 7 to 15?
When corporations form, they answer to what level of government..
What is State Government?
When on the audit committee, she focused governance procedures and methodical organization.
Who is Patricia Dunn?
Due to this historical force, corporations became much larger and the need for a corporate power triangle occurred.
What was the Industrial Revolution
The man, who as the CEO of Lehman Brothers Holdings, implemented aggressive and risky strategies in order to increase leverage on capital.
Who is Richard S. Fuld Jr?
Directors have two major duties. They represent the interests of stockholders and _______.
What is supervise management?
it was decided at hear to give states chartering power, rather than the federal level.
What was the Constitutional Convention of 1787?
The State of California charged Patricia Dunn with wire fraud, identity theft and________.
What is Conspiracy.