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https://www.upcounsel.com/corporate-officer-duties
Presiding over the company's annual meeting and all board of directors meetings. Serving as the supervisor or liaison with the corporate executives who, in turn, report back to the board. Acting as the primary spokesperson for the entire organization. Signing documents on behalf of the corporation and the board of directors.
https://www.lawdepot.com/blog/understanding-the-roles-of-officers-in-a-corporation/
While shareholders fund the corporation and directors make high-level decisions, officers make sure the corporation stays in operation by handling routine business. In other words, they carry the responsibility of managing day-to-day business for the corporation. This can include maintaining records, hiring and firing, managing finances ...
https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-employees-shareholders-and-corporate-officers
Ghosn v. Comm’r, T.C. Memo. 1995-192. Purported “loans” from S corporation to its sole shareholder, officer, and director, were wages for purposes of FICA and FUTA taxes. The loans were unsecured demand notes bearing no interest, loans were made entirely at the discretion of shareholder, and the shareholder regularly performed substantial ...
https://www.wolterskluwer.com/en/expert-insights/powers-and-duties-of-corporation-directors-and-officers
https://www.allbusiness.com/changing-directors-and-officers-of-corporations-2952-1.html
Reasons for changing directors or officers of the corporation should be stated in the Bylaws, and include the following: Death. Resignation. Removal (with or without cause) Disqualification. Expiration of term of office (Director) Expiration of term of Employment Agreement (Officer) Changing directors. Shareholders may vote to remove directors ...
https://www.nytimes.com/2000/06/07/business/management-recourse-retribution-employers-are-taking-disgruntled-workers-court.html
Over the next 13 years, however, the office grew substantially, in large part through her efforts, Ms. Payne contended in a lawsuit she filed against the company last October.
https://www.theleadermaker.com/leadership-and-the-fear-of-retribution/
Here are a few factors that lead to a culture where individuals are afraid to share their voice out of a fear of retribution: 1. Regular negative feedback from leaders. Shooting down of new ideas out of hand. Ignoring feedback. Fear of demotion or job loss. Raising uncomfortable issues draws attention to individuals or groups who make suggestions.
https://prison.laws.com/penology/Retribution
Retribution Quick Overview. In penology, retribution is a justice theory that considers a proportionate punishment a moral response to crime. Retribution focuses on the satisfaction and psychological benefits that exacting punishments can bestow on the victim of the crime, the close associates of the victim, and society as a whole.
https://www.upcounsel.com/lectl-retribution-and-punishment-criminal-law-basics
Retribution is perhaps the most intuitive — and the most questionable — aim of punishment in the criminal law. Quite contrary to the idea of rehabilitation and distinct from the utilitarian purposes of restraint and deterrence, the purpose of retribution is actively to injure criminal offenders, ideally in proportion with their injuries to society, and so expiate them of guilt.
https://www.forbes.com/sites/anthonynitti/2016/05/13/reasonable-compensation-for-c-corporation-shareholder-employees-how-much-is-too-much/
In addition to the shareholder compensation, Johnson made a modest annual dividend payment of $50,000 in 2003 and $100,000 in 2004. The IRS challenged the compensation paid to Bruce and Donald as ...
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