BU231 Chapter Notes - Chapter 28: Proxy Fight, Transact, Chief Financial Officer
Document Summary
Chapter 28: corporate governance: the internal affairs of corporation. Corporate governance the rules governing the organization and management of the business and affairs of a corporation in order to meet its internal objectives and external responsibilities. Publicly traded corporations corporations that issue shares to the public, also known as public corporations, widely held corporations, reporting issuers and issuing corporations. Public offering selling shares to the public, which must be done in compliance with provincial securities regulations. Board of directors the governing body of a corporation, responsible for the management of its business and affairs. Officers high-ranking members of a corporation"s management team as defined in the bylaws or appointed by the directors, such as the president, vice-president, controller, chief executive, officer, chief financial officer, general counsel, and general manager. Audit committee a group of directors responsible for overseeing the corporate audit and the preparation of financial statements. Compensation committee committee responsible for setting director and officer pay.
