BU231 Chapter Notes - Chapter 26: Chief Financial Officer, Due Diligence, Fiduciary
Document Summary
Corporations that issue shares to the public, also known as public corporations, widely held corporations, reporting issuers and issuing corporations. Selling shares to the public, which must be done in compliance with provincial securities regulations. The governing body of a corporation, responsible for the management of its business and affairs. High-ranking members of a corporation"s management team as defined in the by-laws or appointed by the directors, such as the president, vp, controller, chief executive officer, chief financial officer, general counsel, and general manager. A group of directors responsible for overseeing the corporate audit and the preparation of the financial statements. The committee has wider responsibilities in a distributing corporation. Committee responsible for setting director and officer pay. Committee responsible for proposing and recruiting new directors. A method of electing directors by a form of proportional representation. Establishing that an acceptable standard of care and skill was exercised by a director or officer.
