FOLIO Ontology

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Identification

IRI:
https://folio.openlegalstandard.org/RDWopPyVcjBdC5nr5s8OBWz
Label Material Business Change
Preferred Label N/A
Identifier N/A
Alternative Labels
Fundamental Enterprise Modifications Major Organizational Shifts Substantial Corporate Alterations

Definition

Material Business Changes refer to significant alterations in a company's structure, operations, or financial position that could substantially impact its value, performance, or risk profile. These changes are often substantial enough to require disclosure to shareholders and potentially regulatory bodies.

Examples

  • • Adoption Of A New Business Model
  • • Divestiture Of A Major Business Unit
  • • Major Relocation Of Operations
  • • Significant Change In Product Or Service Offerings
  • • Significant Changes In Financial Structure Or Funding
  • • Substantial Rebranding Or Corporate Identity Change
  • • Substantial Shift In Target Market Or Customer Base

Class Relationships

Sub Class Of

Is Defined By

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See Also

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Parent Class Of 0

  • • None

Class Hierarchy Visualization

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Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available