by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is Ultra Vires?Ultra vires (Latin for Beyond the powers) is a condition where a company engages in activities that exceed its authority or power as established in organizational documents such as objects clause, articles of incorporation, bylaws, charters,...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is Amotion? Amotion refers to an act of depriving an individual of personal possessions. In corporate law, amotion is unlawful removal of an officer or executive from his post without any justification or before the expiration of his tenure in office. When an...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is the Williams Act?The Williams Act is a federal law that was enacted to protect investors from non statutory takeovers by corporate raiders that allow cash tender offers for already-owned stocks. A corporate raider is a financier that makes hostile takeover...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Shareholder Democracy? Shareholder Democracy is a concept advocated by corporate shareholders to increase their access to and influence over corporate governance. More influential Shareholder voting rights are sought by this movement in order to: Have more...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Shareholder-Centric Perspective? Corporations that consider the interests of shareholders as paramount while making governance decisions are said to have Shareholder-Centric Perspective. This perspective has a significant impact on the growth, direction, and...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is Statutory Voting? A corporate voting procedure where each shareholder gets to cast one vote per share for each candidate up for election is called Statutory Voting or Straight Voting. For e.g., if you owned 100 shares of a firm, and there were 4 candidates...
