A board of directors is a panel of people elected to represent shareholders. Every public company is required to install a board of directors.| Corporate Finance Institute
Bankruptcy is the legal status of a human or a non-human entity (a firm or a government agency) that is unable to repay its outstanding debts| Corporate Finance Institute
A subsidiary (sub) is a business entity or corporation that is fully owned or partially controlled by another company, termed as the parent, or holding, company.| Corporate Finance Institute
Stockholders Equity (also known as Shareholders Equity) is an account on a company's balance sheet that consists of share capital plus| Corporate Finance Institute
The main difference between a private vs public company is that the shares of a public company are traded on a stock exchange, while a private company's shares are not.| Corporate Finance Institute
Preferred shares (preferred stock, preference shares) are the class of stock ownership in a corporation that has a priority claim on the company’s assets over common| Corporate Finance Institute
Explore CFI's full catalog of accounting courses and free resources aimed at beginners and finance professionals. Learn accounting online at your own pace.| Corporate Finance Institute
We're on a mission to enhance the skills, knowledge, and productivity of finance and banking professionals.| Corporate Finance Institute