Corporate Governance

Voting Share
An ordinary share in a company giving the owner the right to vote at the company’s general meetings.
Board of Directors
The governing body of a company, responsible for appointing the company’s officers and making key strategic decisions. The board comprises executive and non-executive directors.
Agency Cost
An analysis of the agency costs in economic theory, their implications, and associated frameworks.
Business Ethics
The standards and principles businesses observe in their dealings beyond compliance with the law.
Chairman
The role and function of a chairman in economic organizations and corporations
Company Director
A member of a company's board of directors with roles and responsibilities defined by law.
Company Law - Definition and Meaning
The law relating to the formation and operation of companies, outlining the rights and obligations of directors and shareholders, limited liability, and informational requirements.
Control
The ability to influence or direct the behavior of a company through voting power.
Corporate Governance: Definition and Meaning
A comprehensive exploration of the principles, frameworks, and stakeholders involved in corporate governance.
Cross-Holding
An exploration of the economic concept of cross-holding, where two companies each hold shares in one another.
Director
An overview of the term 'director' in the context of economics and business
Industrial Democracy
An exploration of industrial democracy, a principle that allows workers to have a say in the management of the firm they work for.
Majority Shareholder
A description of majority shareholders, their role, and their influence within a company.
Non-Voting Share
A share that provides the holder with dividend rights but no voting rights at company meetings.
Ordinary Share
The UK term for a share in the equity of a company, equivalent to common stock in the US.
Preference Share
A company share which carries no vote, but ranks before ordinary shares for dividends.
Profit-Sharing
A system where employees receive a share of the profits of their firm, enhancing motivation and interest in the company's profitability.
Prospectus
An informative document provided by a company during the issuance of new shares or debentures to the public.
Proxy Vote
An examination of the proxy vote mechanism, commonly used in corporate governance, whereby one person votes on behalf of another.
Separation of Ownership and Control
The distinction between those who own a company (shareholders) and those who control its operations (managers)
Stakeholder
A term referring to any individual, group, or entity that has an interest or stake in a business or organization.
Two-Tier Board
A system of board governance featuring separate supervisory and management boards, predominantly seen in German corporate settings.