Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
4th Edition
ISBN: 9780134083278
Author: Jonathan Berk, Peter DeMarzo
Publisher: PEARSON
Question
Book Icon
Chapter 29.2, Problem 2CC
Summary Introduction

To discuss: The meaning of board to be captured.

Introduction:

Corporate is a particular legal entity that separate from its owners. In this form of business, the owners specify certain governing rules to undertake the business in a contract known as the articles of incorporation. The company’s “board of directors” is appointed by the organization shareholders and the directors mostly take the decisions regarding finance and business activities.

Blurred answer
Students have asked these similar questions
What is the internal control principle?
What are some limitations of internal control?
Why are CMOs overcollateralized?
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
College Accounting (Book Only): A Career Approach
Accounting
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:South-Western College Pub
Text book image
Entrepreneurial Finance
Finance
ISBN:9781337635653
Author:Leach
Publisher:Cengage
Text book image
Cornerstones of Cost Management (Cornerstones Ser...
Accounting
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Cengage Learning
Text book image
Business Its Legal Ethical & Global Environment
Accounting
ISBN:9781305224414
Author:JENNINGS
Publisher:Cengage