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Shareholders: Definitions, Role, and Types

Peak Frameworks

They can access financial statements and other company details to make informed decisions about their investments. In the case of Enron's collapse in 2001, a lack of transparency and the subsequent discovery of financial fraud highlighted the importance of this right.

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Independent Director: Roles, Qualification, and Corporate Governance

Peak Frameworks

For example, in the aftermath of the Enron scandal in 2001 , the role of independent directors gained prominence as a way to ensure transparency and prevent future corporate malfeasance. Audit Committee: Independence is crucial here as this committee oversees the company's financial reporting process.

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Capital Raise Blog Series - Vol 12 - What is Microlending?

RKJ Partners

In 1999, federal funding for microlending programs increased through the passing of the Program for Investment in Microentrepreneurs (“PRIME”) Act; however, during the Bush administration era from 2001 to 2005, federal funding for microfinance was cut drastically. By 2002, there were 650 separate organizations in microfinance. million to 25.4

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Anatomy of a Stock Purchase Agreement

The M&A Lawyer

If you’d like to compare my discussion with a sample Stock Purchase Agreement, here ‘s the SPA that governed AT&T’s attempted (and ultimately abandoned) acquisition of T-Mobile from Deutsche Telekom for $39 billion in 2001. financial statements. authority and enforceability. absence of conflicts.

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