Corporate Action

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Related to Corporate Reorganization: Corporate restructuring

Corporate Action

Any action a publicly-traded company takes that affects its shareholders and/or bondholders, whether positively or negatively. Common examples of corporate action include stock splits, where the company doubles the number of its shares, and calling bonds, where a company deprives bondholders of coupons to which they would otherwise have been entitled. Corporate actions must be approved by the board of directors and in many circumstances shareholders may vote on the measures as well.
References in periodicals archive ?
On review, the district court ruled that the accounting fees were corporate reorganization expenses that should have been capitalized.
Like the other types of corporate reorganizations, Type Ds are also subject to subchapter C's operational rules.
1978), rev'g and rem'g 62 TC 213 (1974), a division was held to be a corporate reorganization rather than a partial liquidation, when the taxpayer corporation's assets and business were divided between two equal shareholders.
Topics include: the nature of bankruptcy and insolvency proceedings, taxation of bankruptcy estates and debtors, corporate reorganizations, use of net operating losses, tax consequences to creditors of loss from debt forgiveness, and more.
Bloom, JD, LLM, a partner and tax attorney with WRH Partners, Morristown, New Jersey, discusses corporate reorganizations.

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