Corporate governance is the system of rules, practices and procedures that guide, control and govern a company. It provides a structure for determining the methods used to achieve corporate goals and monitor performance. Corporate governance...
corporations
corporate officers
Corporate officers colloquially refers to the people in a corporation that run the company’s daily operations. The corporate officers are chosen by the board of directors. The exact number and roles of the corporate officers vary based on...
corporate opportunity
Corporate opportunity refers to the fiduciary duties of senior executives and directors of corporations to not take business opportunities away from the corporation for their own benefit. The doctrine of corporate opportunity dictates the...
corporate raider
Corporate raider refers to the practice of obtaining a controlling share of a corporation, then proceeding to sell off that company’s assets or force a merger with another company. The proceeds of any sold assets are subsequently divided...
corporate resolution
Corporate resolution (also known as a board resolution) is a written legal document, issued by the board of directors of a corporation, documenting a binding decision made on behalf of the corporation. The corporate resolution will be adopted...
corporate takeover
A corporate takeover occurs when the controlling interest in a corporation shifts from one party to another. Corporate takeovers are categorized as either hostile or friendly depending on whether the management of the company being taken over...
corporate trustee
Corporate trustees are departments at banks or other investment firms hired to build and manage a trust. People hire corporate trustees for their professional experience in trust matters that a family member or friend may not have. Corporate...
corporation
A corporation is an entity that acts as a single, fictional person. Much like an actual person, a corporation may sue, be sued, lend, and borrow. Additionally, a company which has been incorporated can easily transfer ownership through stock...
corporations
Corporations are entities that act as a single, fictional person. Much like an actual person, a corporation may sue, be sued, lend, and borrow. Additionally, a company which has been incorporated can easily transfer ownership through stock...
corporeal
Corporeal is a thing that has a physical existence and is capable of being seen and touched. In reference to law, “corporeal” is used primarily in the context of property. Louisiana has a statute that defines corporeal and incorporeal. As per...