staggered board of directors
staggered board of
directors Finance Definition
A board of directors whose members have terms that
expire at different times. Staggered boards are one tactic used to prevent
hostile takeovers, because any potential acquirer would have to wait longer to
take control of the board. Staggered boards have become the norm in recent
years.
Browse dictionary entries near staggered board of directors
- staggerbush
- stagger
- staggard
- stagflation
- stagey
- stager
- stagehand
- stagecraft
- stagecoach
- stage whisper
- staggering
- staghorn coral
- staghorn fern
- staghound
- staging
- staging area
- Stagirite
- stagnant
- stagnate
- stagnation
