Assertion: fund's shareholder | /r/HasProperty | incorporated director
Facets:
value: in delaware
type: LOCATION
value: predominantly
type: DEGREE
value: in most american companies
type: LOCATION
Source sentences:
text: Since the Report of the Committee on Company Law Amendment, chaired in 1945 by Lord Cohen, led to the Companies Act 1947, as members and voters in the general meeting of public companies, shareholders have the mandatory right to remove directors by a simple majority, while in Germany, and in most American companies (predominantly incorporated in Delaware) directors can only be removed for a "good reason".