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Boardroom Coup
A boardroom coup is a sudden and often unexpected takeover or transfer of power of an organisation or company. The coup is usually performed by an individual or a small group usually from within the corporation in order to seize power. A boardroom coup draws upon the ideas of a coup d'état in the same way that a corrupt, dysfunctional or unpopular group is pushed out of power. Examples Paramount and DuMont In 1940, Paramount Pictures took control of DuMont Television Network, DuMont after failed attempts to work with other established companies in its field, including CBS, RCA and AT&T. Preceding these failures Paramount decided to obtain stocks in another television company, DuMont. After their purchase Allen DuMont, the owner of DuMont television, began to see his powers within the company flagging as Paramount now owned a large proportion of his company. Paramount with its newfound power proceeded to appoint its own directors amongst DuMont's. The company established their coup ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organisation
An organization or organisation ( Commonwealth English; see spelling differences) is an entity—such as a company, or corporation or an institution ( formal organization), or an association—comprising one or more people and having a particular purpose. Organizations may also operate secretly or illegally in the case of secret societies, criminal organizations, and resistance movements. And in some cases may have obstacles from other organizations (e.g.: MLK's organization). What makes an organization recognized by the government is either filling out incorporation or recognition in the form of either societal pressure (e.g.: Advocacy group), causing concerns (e.g.: Resistance movement) or being considered the spokesperson of a group of people subject to negotiation (e.g.: the Polisario Front being recognized as the sole representative of the Sahrawi people and forming a partially recognized state.) Compare the concept of social groups, which may include non-or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Stempel
Robert Carl Stempel (July 15, 1933 – May 7, 2011) was chairman and CEO of General Motors (GM) from August1990 to November1992. He joined GM in 1958 as a design engineer at Oldsmobile and was key in the development of the front-wheel drive Toronado. He was also involved with the team that created the first catalytic converter. Background and personal life Stempel was born July 15, 1933, in Trenton, New Jersey, to Carl (a banker) and Eleanor Stempel. He was one of four children. His brother Jack worked in aerospace, brother Ted was a teacher, and a sister, Dorothy, was a social worker. He graduated from Bloomfield High School in New Jersey in 1951. During his teen years, he worked as a mechanic in Bloomfield, New Jersey, to earn his college tuition by fixing his fellow students' cars. He received a bachelor of science degree in mechanical engineering from Worcester Polytechnic Institute in 1955 where he had been a tackle on the football team. He attended night classes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Governance
Corporate governance refers to the mechanisms, processes, practices, and relations by which corporations are controlled and operated by their boards of directors, managers, shareholders, and stakeholders. Definitions "Corporate governance" may be defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, corporate law law, or management) often adopt narrow definitions that appear purpose specific. Writers concerned with regulatory policy in relation to corporate governance practices often use broader structural descriptions. A broad (meta) definition that encompasses many adopted definitions is "Corporate governance describes the processes, structures, and mechanisms that influence the control and direction of corporations." This meta definition accommodates both the narrow definitions used in specific contexts and the broader descriptions that are often presented as au ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Workplace Politics
Workplace politics involves processes and behaviors in human interactions that include power and authority. It serves as a tool to assess operational capacity and balance diverse views of interested parties. Also known as office politics and organizational politics, it involves the use of power and social networking within a workplace to achieve changes that benefit individuals within it. According to Michael Aamodt, "Organizational politics are self-serving behaviors that employees use to increase the probability of obtaining positive outcomes in organization An organization or organisation (English in the Commonwealth of Nations, Commonwealth English; American and British English spelling differences#-ise, -ize (-isation, -ization), see spelling differences) is an legal entity, entity—such as ...s". Influence by individuals may serve personal interests without regard to their effect on the organization. Personal advantages may include access to tangible assets or inta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buyout
In finance, a buyout is an investment transaction by which the ownership equity, or a controlling interest of a company, or a majority share of the capital stock of the company is acquired. The acquirer thereby "buys out" the present equity holders of the target company. A buyout will often include the purchasing of the target company's outstanding debt, which is referred to as "assumed debt" by the purchaser. It is usually synonymous with " acquisition". Non-finance usage The term may apply more generally to the purchase by one party of all of the rights of another party with respect to an ongoing transaction between the two. For example: *An employer may "buy out" an employee's contract by making a single prepayment, so as to have no ongoing obligation to employ the person; *A landlord may buy out the remainder of a tenant's lease, effectively paying them to vacate. *A government may buy out homes in a floodplain or other area subject to hazard. The language used by FEMA, a Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are publicly listed, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offer. It can also include shares in the new company. Takeover types Friendly takeover A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In a private company, because the shareholders and the board are usually the same people or closely connected with on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coup D'état
A coup d'état (; ; ), or simply a coup , is typically an illegal and overt attempt by a military organization or other government elites to unseat an incumbent leadership. A self-coup is said to take place when a leader, having come to power through legal means, tries to stay in power through illegal means. By one estimate, there were 457 coup attempts from 1950 to 2010, half of which were successful. Most coup attempts occurred in the mid-1960s, but there were also large numbers of coup attempts in the mid-1970s and the early 1990s. Coups occurring in the post-Cold War period have been more likely to result in democratic systems than Cold War coups, though coups still mostly perpetuate authoritarianism. Many factors may lead to the occurrence of a coup, as well as determine the success or failure of a coup. Once a coup is underway, coup success is driven by coup-makers' ability to get others to believe that the coup attempt will be successful. The number of successful cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BlackBerry Limited
BlackBerry Limited, formerly Research In Motion (RIM), is a Canadian software company specializing in secure communications and the Internet of things, Internet of Things (IoT). Founded in 1984, it developed the BlackBerry brand of Interactive Pager, interactive pagers, smartphones, and Tablet computer, tablets. The company transitioned to providing software and services and holds critical software application patents. Initially leading the mobile phone and pager industry in the 1980s and 90s, the company struggled to gain a lasting presence in the smartphone market of the new millennium. BlackBerry led the market in many countries, particularly the United States, until 2010, with the announcement of the iPhone 4. The company withered against the rapid rise of Apple Inc., Apple and Android (operating system), Android. After the troubled launch of the BlackBerry 10, it transitioned to a cybersecurity enterprise software and services company under CEO John S. Chen. In 2018, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rangers Football Club
Rangers Football Club is a professional football club in Glasgow, Scotland. The team competes in the Scottish Premiership, the top division of Scottish football. The club is often referred to as Glasgow Rangers, though this has never been its official name. The fourth-oldest football club in Scotland, Rangers was founded by four teenage boys as they walked through West End Park (now Kelvingrove Park), in March 1872, where they discussed the idea of forming a football club, and played its first match against the now-defunct Callander at the Fleshers' Haugh area of Glasgow Green in May of the same year. Rangers' home ground, Ibrox Stadium, designed by stadium architect Archibald Leitch and opened in 1929, is a Category B listed building and the third-largest football stadium in Scotland. The club has always played in royal blue shirts. Rangers have won the Scottish League title a record 55 times, the Scottish Cup 34 times, the Scottish League Cup a record 28 times and the dome ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Motors
General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC (marque), GMC, and Cadillac, each a separate division of GM. By total sales, it has continuously been the largest automaker in the United States, and was the List of manufacturers by motor vehicle production, largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. In addition to its four core brands, GM also holds interests in Chinese brands Baojun and SAIC-GM-Wuling, Wuling via SAIC-GM-Wuling, SAIC-GM-Wuling Automobile. GM further owns GM Defense, a namesake defense vehicles division which produces military vehicles for the United States government and military, the vehicle safety, security, and information ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NeXT Inc
NeXT, Inc. (later NeXT Computer, Inc. and NeXT Software, Inc.) was an American technology company headquartered in Redwood City, California that specialized in computer workstations for higher education and business markets, and later developed web software. It was founded in 1985 by CEO Steve Jobs, the Apple Computer co-founder who had been forcibly removed from Apple that year. NeXT debuted with the NeXT Computer in 1988, and released the NeXTcube and smaller NeXTstation in 1990. The series had relatively limited sales, with only about 50,000 total units shipped. Nevertheless, the object-oriented programming and graphical user interface were highly influential trendsetters of computer innovation. NeXT partnered with Sun Microsystems to create a programming environment called OpenStep, which decoupled the NeXTSTEP operating system's application layer to host it on third-party operating systems. In 1993, NeXT withdrew from the hardware industry to concentrate on marketing OPEN ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
