Meaning Of The Word Staggered directorships

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Staggered directorships Meaning

Staggered directorships Definition
Staggered directorships Definition

What's The Definition Of Staggered directorships?

staggered directorships in British English
plural noun: a defence against unwelcome takeover bids in which a company resolves that its directors should serve staggered terms of office and that no director can be removed from office without just cause, thus preventing a bidder from controlling the board for som

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