Liquidation is the process of ending a company by redistributing its assets. Companies can be liquidated voluntarily or compulsorily through court orders. Informal liquidation refers to companies seeking to sell assets at discount
Spin-off creates separate business from parent company's active section. Shareholders receive equivalent shares in new company. Management team often remains from parent organization. Allows divisions to operate independently with new assets and resources
Vanguard leads with 8.9% stake, controlling 664.9 million shares worth $264 billion. BlackRock follows with 7.2% ownership, owning 538.9 million shares worth $214 billion. State Street Global Advisors holds 4.01% with 297.6 million shares worth $118 billion
Gazprom is Russia's largest joint stock company. Government controls over 50% of Gazprom's shares. Company's shares are among Russia's most liquid instruments. Market capitalization reached RUB 3.8 trillion as of June 2023
Laissez-faire means "let you do" in French and originated from 1681 meeting between Colbert and Le Gendre. Developed by French Physiocrats during 18th century as opposition to government intervention. Advocates minimal government involvement in business affairs
Spinoff is the separation of a division to form an independent corporation. Parent company must file Form 10-12B detailing spinoff rationale. Spinoff typically takes up to six months to complete