What is a corporation? Learn the types of corporations, corporate form, and the main advantages plus disadvantages of corporations, including...
Corporations exist as a product of corporate law, and their rules balance the interests of the management who operate the corporation; creditors who loan it goods, services or money; shareholders who invest their capital; the employees who contribute their labor; and the clients they serve. People...
The meaning of CORPORATION is a group of merchants or traders united in a trade guild. How to use corporation in a sentence.
Definition of a Multinational Corporation. Quarterly Review of Eco- nomics and Business, 11(3), 27-37.Aharoni, Y. 1971. On the definition of a multinational corporation. The Quarterly Review of Economics and Business, 11(3): 27-37.
In this post, learn the full definition of a corporation, including how corporations are formed and how they operate. What is a corporation? A corporation is a type of business that the law treats like a single person. This means a corporation can do things like buy a car, sign a deal...
1. (Law) a group of people authorized by law to act as a legal personality and having its own powers, duties, and liabilities 2. (Government, Politics & Diplomacy) Also called: municipal corporation the municipal authorities of a city or town 3. a group of people acting as one body 4...
The definition of a corporation can vary from country to country. However, most people globally would agree that a company can be any business. In fact, in some countries,people even class partnerships as companies. Corporations, on the other hand, mostly have a board of directors whose member...
The meaning of CORPORATION is a group of merchants or traders united in a trade guild. How to use corporation in a sentence.
the corporation is private. A bank, for instance, may be created by the government for its own uses; but if the stock is owned by private persons, it is a private corporation, although it is created by the government, and its operations partake of a private nature. 9 Wheat. R. 907....
1a private enterpriseFIRMincorporated in the form of aJOINT-STOCK COMPANY. a publicly owned business such as a nationalized industry. Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005 corporation A legal entity created by filing documents with the local secretary...