Corporate Hierarchy
/ˈkɔːrpərət ˈhaɪərɑːrki/
Definitions
- (n.) The structured arrangement of roles, responsibilities, and authority in a corporation, showing the relationships among positions and levels of management.
The corporate hierarchy clearly defines who has the authority to make strategic decisions.
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Commentary
In legal contexts, understanding corporate hierarchy is essential for determining decision-making authority and liability within a corporation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.