by TheBusinessProfessor | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Nonprofit Organization?A Nonprofit Organization is an organization established for good cause rather than making profits. This type of organization serves public interests and social responsibility. A nonprofit organization is not subject to taxation by the...
by TheBusinessProfessor | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Conglomerate?A conglomerate is a combination of multiple businesses or different parts of companies that function as a single group. A conglomerate is made up of several firms that are distinct in operations but stringed together to operate under one group....
by TheBusinessProfessor | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What are Issued Shares?Issued shares refer to the totality of a company’s shares that have been issued or allocated to the company’s shareholders, this number of shares are recorded in the company’s annual report. Issued shares are shares of a...
by TheBusinessProfessor | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is Guaranteed Stock?A guaranteed stock is a type of preferred stock which is issued by a corporation and whose dividends are guaranteed by one or more other corporations or banks. In the event of a default by the issuer of guaranteed stock, the guarantor(s) will...
by TheBusinessProfessor | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What are Cumulative Voting Rights?Cumulative voting refers to a system of voting used by companies when electing the directors of a company. Cumulative voting allows a shareholder cast all their votes to a single candidate rather that share the votes across the number...
by TheBusinessProfessor | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is the Shareholder Register?A shareholder register is a record of the company’s shareholders who currently own shares in the company. In other words, it is a record containing a list of active company owners. The company creates the first register at the...