corporate control

corporate control

the ability to exercise control over a public JOINT-STOCK COMPANY. In countries where shares in a large company are freely traded, if the incumbent directors and senior managers fail to achieve good profit and dividend performance, the price of the company's shares will fall, making it possible for managers of another company to buy a majority of shares in the underperforming company and to gain control of it. This market for corporate control can exercise a restraining effect upon incumbent managers of a firm who are aware that they can lose their jobs if their company underperforms to the extent of provoking a takeover bid by other managers who feel that they can run the company more profitably See CORPORATE GOVERNANCE, TAKEOVER, PRINCIPAL-AGENT THEORY, DIVORCE OF OWNERSHIP FROM CONTROL.
References in periodicals archive ?
Lier municipality shall procure new supplier of accounting and auditing / corporate control of and respectively fiscal year 2015 when it comes to financial audits, and since 2016 when it comes to performance audits and corporate control.
He attacks the EU without addressing the real reasons for our economic disaster, namely corporate control and the free market mentality.
With respect to the legal distribution of corporate powers, the legal discipline of conflicted interest transactions, and the regulation of corporate control transactions, he tests the hypotheses that law matters: as a means of supporting protection of non-controlling shareholders against diversionary private benefits that may be extracted by the corporate controller out of shareholder investments, for protecting the corporate controllers idiosyncratic private benefits in relation to control rents, and for promoting the allocation of corporate control in a manner that supports the exercise of power by the controller while also constraining its abuse.
It focuses on the Chinese experience of utilizing the securities market as an effective mechanism of corporate control, examines the future development of China's financial market in the new global economy and includes an overview of the development of the securities market and stock markets.
Corporate control is defined as position in which one subject can enforce its goals as goals of the corporation.
Summary: The Greater Amman Municipality (GAM) held a two-day introductory workshop for directors and employees in GAM districts about the electronic services development project for vocational and health licenses, in collaboration with the Ministry of Industry and Trade, Civil Defense, Chamber of Commerce, Chamber of Industry, and the Directorate of Corporate Control (Companies Control).
I appreciated Danny Duncan Column's concern ("The Cult of Global Warming," September-October 2007) that, if left to global corporations, the "fix" for global warming will lead to greater corporate control.
Walsh opened the Simi Valley site in 1988 and a number of licensed stores operate outside his corporate control throughout the area.
Concentrated corporate control can have serious "economywide implications," the authors say.
As a result, using stock bonuses to transfer corporate control may be limited to situations in which the owner's retirement is several years away.
This beautifully illustrated and user-friendly presentation of maps, images, tables and graphs expertly describes the state of the world's water, from dams and floods to analysis of political and corporate control.
Another pillar of fascism is corporate control of the government.

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