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Chapter 15

Chapter 15 - these objectives Social investment or social...

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Chapter 15 Stockholders – the legal owners of business corporations, by purchasing shares of stock they become part owners Institutional Investors -- ?? Proxy – those who do not attend the stockholder meetings are given an opportunity to vote by absentee ballot called a proxy. Corporate governance – refers to the process by which a company is controlled or governed. Board of directors – an elected group of individuals who have a legal duty to establish corporate objectives, develop broad policies, and select top-level personnel to carry out
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Unformatted text preview: these objectives. Social investment or social responsibility investment – use of stock ownership as a strategy for promoting social objectives (Exxon) SEC (securities and exchange commission) – protect stockholders rights by making sure the stock markets are run fairly and that investment information is fully disclosed Insider trading – when a person gains access to confidential information about a company’s financial condition and then uses than info before it becomes public knowledge to buy or sell the company’s stock....
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