by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Joint-Stock Company? A Joint Stock Company is another manner of indicating a corporation. As such, the phrase is no longer commonly used in the United States. In reality, a joint stock company is any type of company that is jointly owned by investors or...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Jonestown Defense? The Jonestown Defense is a strategy or mechanism used by target companies to prevent hostile takeovers or acquisition by acquiring companies. The Jonestown defense is an extreme defense tactic in that the target company kills (ruins)...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Dead Hand Provision? A dead hand provision is a defense mechanism supported by the shareholders of a target company to prevent against hostile takeover. It is also called a dead hand poison pill. Using this defense technique, a target company makes a hostile...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Back-End Plan? A back-end plan refers to an anti-takeover measure that investors use when trading their existing shares in the market. This strategy allows existing shareholders to exchange their existing securities for either cash or other securities at a...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Backflip Takeover? A backflip takeover is an unusual type of takeover in which a company which is acquiring a target company becomes a subsidiary of the acquired or target company once the deal is completed. The two entities that merge (the acquiring company...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What are the Cadbury Rules? Cadbury Rules are guidelines or recommendations on corporate governance that were specified by the UKs Cadbury Committee. These rules were submitted in 1992 with the aim of raising the standards of corporate governance as well as financial...
