staggered board of directors
- noun
- /ˈstæɡərd bɔrd əv daɪˈrɛktərz/
- Formal
:
junta escalonada
- Many companies adopt a staggered board of directors to increase stability in corporate governance.
Examples
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The hostile takeover was more difficult because the firm had a staggered board of directors.
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Shareholders debated the advantages and disadvantages of switching to a staggered board of directors.
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A staggered board of directors is useful.
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The staggered board of directors ensures continuity.
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Many companies adopt a staggered board of directors to enhance stability and prevent sudden shifts in management.
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To protect against hostile takeovers, many firms prefer a staggered board of directors that renews members periodically.
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The implementation of a staggered board of directors allows for a smoother transition of leadership over time.
How Defensive
- Jargon
3
7.9
- Jargon
- Formal
- Specialized
6
6.8
Surface Forms
Morphology
staggered + board + of + director
The adjective 'staggered' (placed unevenly in time or space) directly modifies 'board of directors,' so the phrase transparently denotes a board whose membership or terms are offset in time. This follows ordinary adjective+noun composition and describes a concept that is logically inferable from the constituents, so a B1 learner who knows the words would likely understand it.
Etymology
Staggered board of directors comes from the image of people standing on different steps so they do not all move at the same time; the word staggered means 'placed at different times' and the board of directors are the company's leaders. So, it means only some directors are elected or replaced each year, which keeps the board stable and makes a sudden takeover harder.