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LSDefine

Simple English definitions for legal terms

alternative constituency

Read a random definition: embargo

A quick definition of alternative constituency:

An alternative constituency is a group of people who are not shareholders, such as employees or the public, but have an interest in the corporation's business. The corporation can legally consider their interests, in addition to shareholders' interests, when making important decisions. This is also known as a nonshareholder constituency.

A more thorough explanation:

An alternative constituency, also known as a nonshareholder constituency, refers to a group of individuals who are not shareholders of a corporation but have a vested interest in the company's operations. This interest may be considered by the corporation when making major policy decisions, in addition to the interests of shareholders.

Examples of alternative constituencies include:

  • Employees
  • Customers
  • Suppliers
  • Local communities

For instance, a corporation may take into account the impact of its decisions on the local community, such as the environmental impact of its operations, even if it does not directly affect the shareholders. Similarly, a company may consider the well-being of its employees when making decisions about layoffs or restructuring.

Overall, alternative constituencies represent a broader range of stakeholders who may be affected by a corporation's actions, beyond just its shareholders.

Alternative Agricultural Research and Commercialization | alternative contract

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awman i was hopign to come home to a ucla wave
is it too late? its 2pm there
OMG U MEAN A NEW ALBUM OMGG NOW I CAN BE DISTRACTED AGAIN
shaquilleoatmeal
17:14
Nah not a Garmin, Apple watch
We not gonna see splitterus for 4 hrs
HAHAHAHHA
MRS CLITTERUS
JumpySubsequentDolphin
17:17
I’ve barely gotten through chromakopia I can’t deal with another album drop rn
JumpySubsequentDolphin
17:17
this is so stressful
wait but actually is there no wave today
i dont really like chromakopia that much i also havent gotten thru it
JumpySubsequentDolphin
17:18
idk splitty :(
if there's no gtown today that would be so cruel
surely gtown 12 minutes from now
I'm a chromokopia fan, but I don't like Tyler outside of that album
theres the spirit!!
JumpySubsequentDolphin
17:18
@SplitterusClitterus: did you like cmiygl? that’s one of my all time fave albums
Kind of a controversial take. I like experimental albums a lot
babycat
17:19
liking chromakopia and not Tyler's other stuff is crazy to me
JumpySubsequentDolphin
17:19
perhaps im biased bc i saw him live when he performed cmiygl for the first time
i think it is a controverisal take and i usually do too, i also think im giving an opinion too early cuz i habvent finished it at all
yeah seeing him live prob makes it a million times better
Thought I was dead is great raps
2024 such a great year for rap
JumpySubsequentDolphin
17:21
i like noid
even outside the beef. Noid is great too
JumpySubsequentDolphin
17:22
boogies album was the worst ever
JumpySubsequentDolphin
17:22
and i LOVE boogie
JumpySubsequentDolphin
17:23
like i would do anything for one chance w that man but better off alone and me vs myself were both not good
He's never really been my style tbh
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