Even when, on the legal combination of two or more corporations, shareholder approval is not required, a board of directors may request it.

Name: Even when, on the legal combination of two or more corporations, shareholder approval is not required, a board of directors may request it.
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Question

Even when, on the legal combination of two or more corporations, shareholder approval is not required, a board of directors may request it.​

Quizplus · Accepted Answer

Even if shareholder approval is not legally mandated, the board of directors may request it as a best practice or to ensure transparency and accountability to shareholders.

Even When, on the Legal Combination of Two or More