Who controls the company, and whose interests decisions serve.
| Concept | Explanation | |---|---| | Board of directors | Oversees management on behalf of shareholders. | | Voting rights | Ability to elect directors or approve major actions. | | Dual-class shares | Different share classes carry different voting power. | | Related-party transaction | Transaction involving insiders or affiliated entities. | | Executive incentives | Compensation structure that shapes management behavior. | | Capital stewardship | Management's record of allocating shareholder capital. |