【Finance】今日の学び_20110211

Professional English in USE

もう一章にトライ！経済用語に強くなろう。

【5. Company law 1】

・audit committee : a group of directors to whom the external auditors present their report

・non-executive directors : members of a board of directors who are not full-time managers of the company

・share capital : owners’ money invested in a company

・limited liability : responsibility for debts up to the value of the company’s shrare capital

・corporate governance : the way a company is managed for its oweners

・Articles of Association (Baylaws)
  - the rights and duties of the shareholders and directors
  - the relationships among different classes of shareholders
  - the relation ships between sharehlders and the company and its directors

・The Memorandum of Association states
  - the company’s name
  - the location of the company’s registered office – where to send official documents
  - the company’s purpose – its aims of objectives
  - the authorized share capital – the maximun share capital it can have