by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What are the requirements to qualify as an S corporation? To qualify for S-Corporation status, the business must be a corporation and meet the following requirements: Geography – Organized in the United States. Citizenship – All shareholders must be US...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is Comply or Explain?Comply or explain is a regulatory mechanism used in the United Kingdom as part of the codes of cooperate governance. The comply or explain principle stipulates that corporations should company with the Corporate Governance Code (also called...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is Proration in a Merger and Acquisition?A proration is the act of dividing or distributing an item in a proportionate manner. In corporate governance, proration occurs during a takeover or acquisition, It is the proportional distribution of cash and stock of the...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What are Corporate Monitors? A corporate monitor is an individual or agency that has the responsibility of monitoring activities of corporations and evaluating their compliance with regard to certain corporate practices. More importantly, corporate monitors are...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is an Information Circular? An information circular is a document that serves as a notice of meeting to a company’s shareholders and also outlines the agenda for a company’s shareholders meeting. The important issues that will be deliberated on at a...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Voting Poison Pill Plan? A voting poison pill plan refers to a strategy used by a target company to foil a hostile takeover bid. This anti-takeover strategy entails a target company giving special voting rights to its shareholders by issuing more shares so...
