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www.sullcrom.com NEW YORKWASHINGTON, D.C.LOS ANGELESPALO ALTOCopyright 2023 Sullivan & Cromwell LLP / Attorney Advertising. Prior results do not guarantee a similar outcome.LONDONPARISFRANKFURTBRUSSELSTOKYOHONG

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What is corporate democracy and form?

Corporate democracy refers to the participation of shareholders in the decision-making processes of a corporation, often manifested through voting rights on key issues. The related form typically includes information and structures that facilitate this participation.

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Corporations that are publicly traded or those that have a certain number of shareholders are generally required to file corporate democracy and related forms.

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To fill out corporate democracy forms, corporations need to provide accurate shareholder information, details on governance structures, and ensure compliance with relevant laws and regulations.

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The purpose of corporate democracy is to empower shareholders in governance and decision-making, ensuring that their voices are heard and vested interests are represented.

What information must be reported on corporate democracy and form?

The form typically requires reporting of shareholder identities, their voting rights, details on board structure, and any proposed changes in governance.

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