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LSDefine

Simple English definitions for legal terms

corporate governance

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A quick definition of corporate governance:

Corporate governance is like a set of rules that a company follows to make sure everyone is doing their job properly. It helps the company achieve its goals and makes sure everyone is working together. The board of directors is the most important group in corporate governance. They make sure the company is doing well and report to the people who own the company.

A more thorough explanation:

Definition: Corporate governance is the set of rules, practices, and procedures that guide and control a company. It helps to achieve corporate goals and monitor performance. Corporate governance involves balancing relationships, interests, and responsibilities among a company's management, board of directors, shareholders, and other stakeholders. The board of directors is responsible for the governance of the company, including setting strategic goals, providing leadership, overseeing management, and reporting to shareholders.

  • A company's board of directors is responsible for ensuring that the company is managed in the best interests of its shareholders.
  • The board of directors must approve major decisions, such as mergers and acquisitions, and ensure that they are in the best interests of the company and its shareholders.
  • The board of directors must also ensure that the company complies with all relevant laws and regulations.

These examples illustrate how corporate governance helps to ensure that a company is managed in the best interests of its shareholders and other stakeholders. The board of directors plays a crucial role in this process by setting strategic goals, providing leadership, overseeing management, and reporting to shareholders. By doing so, the board helps to ensure that the company is well-governed and able to achieve its goals.

corporate charter | corporate officers

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babycat
19:51
I love when a Latina is redhead. Like damn bitch u really have it all
19:52
let me check the chart, let me check the chart- that is not readable! off the chart, HOUSTON WE HAVE A PROBLEM!
babycat
19:53
hahahaha
19:54
ok I gotta go, my time derailing the LSD general is over. sowwy! byeee
bye bye bestie
Dkk
19:54
Nah not in my case lol. It's cus you posted in general! That way you could tag me!
19:54
*good ridden!*
Dkk
19:54
Adios!
[] notacat
20:50
Do you guys know if the LSAdmit program is working on your end right now? It's not working on mine
20:53
Anyone here done the Cornell Kira? Was wondering if anyone had any tips 🙏
21:13
@KnowledgeableRitzyWasp: ^^ seeking corn-hell advice
21:15
@babycat: unrelated but every time I saw ur old handle i thought of this lyric: https://youtu.be/V90loMCyxa0?t=34
What does "Hold" mean on the result column?
21:28
@ClockworkBlue: on LSD?
yeah
babycat
21:30
A hold is not exactly a waitlist, but it means they’re waiting to give you a decision later
babycat
21:31
@llama: nice
21:32
@ClockworkBlue: what babycat said, the link reads as the school always initiates the 'hold' status, however [in my case] sometimes applicants ask to be placed on 'hold' pending a score (LSAT, final semester of UG, etc).
21:32
@babycat: just had to get that off my chest.
cornell kira is just about performing well under pressure and having substantive content in your questions
so just try to stay calm and pace your responses so you give good answers during the interview
21:44
so just don't sperg out on camera and ur good?
yeah pretty much, you get some leniency too. they expect you to not be perfect under pressure
babycat
22:09
i’m sleepy :(
go to sleeb
ShiveringCleverFlounder
0:24
Hey guys it all works out, I’m in law school now with a phat scholly just so yall know there’s light at the end of the apps tunnel
Wrong I’m homeless
ShiveringCleverFlounder
0:25
bro what
m10
3:20
Wow, Stanford PhD big brain here. Yikes!: https://x.com/dotkrueger/status/1850698550297899235
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