Staggered Board of Directors

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Description of Staggered Board of Directors. Explanation.

Definition Staggered Board of Directors. Description.

The members of a Staggered Board of Directors have terms that expire at different times. This way of replacing boards is a tactic used to prevent hostile takeovers, because a potential acquirer has to wait longer to take control of the board.

Originally, all directors were elected simultaneously at the annual shareholders meeting.

A disadvantage of this method is that it limits the shareholder control of accountability in its directors through annual elections.

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Staggered Board of Directors Special Interest Group Special Interest Group

Best Practices - Staggered Board of Directors Premium

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Resources - Staggered Board of Directors Premium The Board of Directors: Roles, Responsibilities and Duties Presentation that elaborates on the roles and resp... Usage (application): Board of Directors, Corporate Governance, Board Accountability, Director Liability     News about Staggered Board Of Directors         Videos about Staggered Board Of Directors         Presentations about Staggered Board Of Directors         More about Staggered Board Of Directors

Compare with: Anti Hostile Takeover Mechanisms  |  Corporate Governance  |  Lobster Trap  |  Directors and Officers Liability Insurance  |  Voting Rights Plan

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