by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Flip-In Poison Pill? A poison pill is a defense technique used by a target company to shield itself from been acquired in a hostile takeover. There are different tactics used by companies to foil the attempt of an acquiring company to takeover a target...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Mutual Company? A mutual company refers to a private firm that considers its policyholders or customers as its owners. The clients, being the ultimate owners of the company, earn profits based on the mutual company’s performance. Generally, they...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is the Berle-Means Thesis? The Berle-Means Thesis is a theory named after A. Berle and G. Means. It has to do with governance of public corporations in which the board of directors is put in charge of governance. The owners of the public depend on the board of...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Brassplate Company? A brass plate company refers to a company listed on a nameplate of brass but has no real existence. This type of company is legal but its tangible existence is only from it being listed on a nameplate, brass plate. The brass plate is...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Board Evaluation? Board Evaluation refers to measures that aid effectiveness, transparency and accountability of board members, especially in the aspect of board governance. Organizations, whether profit or non-profit need to periodically evaluate the board,...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is the Uniform Limited Partnership Act (ULPA)?The Uniform Limited Partnership Act (ULPA), together with a 1976 revision known as the Revised Uniform Limited Partnership Act (RULPA), is a uniform act that was formulated and promoted by the National Conference of...
