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However through management entrenchment, ownership structure (one of the corporate governance mechanisms) changes in that way which benefits the managers. We already know from the above information that managers have a greater voting power while they are entrenched.
The following terms are in everyday use in financial regions, such as commercial business and the management of large organisations such as corporations. Noun phrases [ edit ]
Many corporate-jargon terms have straightforward meanings in other contexts (e.g., leverage in physics, or picked up with a well-defined meaning in finance), but are used more loosely in business speak. For example, a deliverable can become any service or product. [9]
Entrenchment, Entrenched or Entrench may refer to: A trench; Entrenchment (fortification), a type of fortification; Military trenches with relation to Trench warfare, especially that of World War I; An entrenchment clause within a constitution, a clause impervious to or somewhat shielded from the amendment process.
Hans-Jörg Schmid’s "Entrenchment-and-Conventionalization" Model offers a comprehensive recent summary approach to usage-based thinking. [19] In great detail and with reference to many sub-disciplines and concepts in linguistics he shows how usage mediates between entrenchment, the establishment of linguistic habits in individuals via repetition and associations, and conventionalization, a ...
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An entrenched clause or entrenchment clause of a constitution is a provision that makes certain amendments either more difficult or impossible to pass. Overriding an entrenched clause may require a supermajority , a referendum , or the consent of the minority party.