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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  5. Divorce of Ownership and Control

Divorce of Ownership and Control

Definition of 'Divorce of Ownership and Control'

In large corporations shareholders own the firm but may not be able to exercise control. Managers often have control because of a diffuse and divided shareholder body, proxy votes and apathy.

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Related Terms

Bearer SecuritiesMarket in Managerial ControlAcquisitionESOPTreasury ManagementBankruptcyTerm SheetAccumulation and Maintenance TrustSelf FinancingSole ProprietorReverse AcquisitionClose MoneyForeign Exchange ControlReceiverBeneficial OwnerBook Entry TransferDematerialisationDematerializationDepository ReceiptsHire-Purchase

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