Corporate Governance
Related-Party Transaction
Definition
What is Related-Party Transaction?
A transaction between an entity and a person or organisation connected to it.
Example in practice
How This Looks in Practice
The board reviews a property purchase from a company owned by the chief executive's family.
Keep learning
Related Terms
Corporate Governance
Proxy Vote
A vote cast by another person or electronically on behalf of a shareholder.
Corporate GovernanceAnnual General Meeting
A yearly shareholder meeting at which financial reports, directors, auditors, and other matters are considered.
Corporate GovernanceExtraordinary General Meeting
A shareholder meeting called outside the normal annual meeting to consider urgent or special matters.
ETF MechanicsCreation Unit
A large block of ETF shares exchanged between the fund and authorised participants.