NONSHAREHOLDER CONSTITUENCY

NONSHAREHOLDER CONSTITUENCY

nonshareholder constituency. A group of nonstockholders, such as employees or the public, who have an interest in the corporation’s business ¡ª an interest that the corporation may legally consider, in addition to shareholders’ interests, in making major policy decisions. ¡ª Also termed alternative constituency. [Cases: Corporations 310(1). C.J.S. Corporations ¡ì¡ì 475, 477¨C484, 487¨C489.]
How do Chinese lawyers translate the term NONSHAREHOLDER CONSTITUENCY?
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