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6 Cards in this Set
- Front
- Back
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Corporation
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a mechanism established to allow different parties to contribute capital, expertise and labor for their mutual benefit.
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Corporate governance
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the relationship among the board of directors, top management and shareholders in determining the direction and performance of the corporation.
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Inside Directors
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are officers or executives employed by the board’s corporation
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Outside Directors
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are executives of other firms but are not employees of the board’s corporation
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Transformational Leaders
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provide change and movement in an organization by providing a vision for that change.
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Sarbanes Oxley Act 2002
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designed to protect shareholders from excesses and failed oversight of boards of directors
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