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 companys financial condition and then uses than info before it becomes public knowledge to buy or sell the companys stock....
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