Corporate Governance

Question 1

Golden shares equity stakes held by government authorities, mostly in industries that are of national interests such as utilities (energy, telecom, water) and defense. often it dates back to teh time where the companies in question were privatized.

Answer 1

Cross-shareholding pertains to cases where two companies own stock in each other.

Question 2

Poison bill, a shareholder rights plan, is a type of defensive tactic used by a corporation’s board of directors against a takeover. It lets companies to issue shares to dilute the stakes of hostile suitor.

Answer 2

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