FIN 300 Chapter Notes - Chapter Midterm: Growth Stock, Glossary Of Ancient Roman Religion, Dividend Yield
Document Summary
Fin 300 exam 1 (chapters 1,2,3,4,5,6,7,9,10 & 11) Proxy a document giving one person the authority to act for another, typically the power to vote shares of common stock. Proxy fight an attempt by a person or group to gain control of a firm by getting its stockholders to grant that person or group the authority to vote its shares to replace the current management. Takeover an action whereby a person or group succeeds in ousting a firm"s management and taking control of the company. Preemptive right a provision in the corporate charter or bylaws that gives common stockholders the right to purchase on a pro rata basis new issues of common stock (or convertible securities). Classified stock common stock that is given a special designation such as a class a or class b to meet special needs of the company.
