Nobody downloaded yet

Corporations - Essay Example

Comments (0) Cite this document
Every corporation is noted as an entity that is most able to exist in the industry as an artificial individual that has great control of the systems and the laws that confide the said organization towards the progression that the said commercial groups naturally adapt into…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.6% of users find it useful
Read TextPreview

Extract of sample "Corporations"

Download file to see previous pages This is particularly the reason behind the constant application of law within the systems accepted by the organization as per guided by the local governments seeing through the operations of the said business groups. In this side of the situation, the fact that corporation has the advantage of enjoying the limited liability guideline is one of the most important laws that had been created to at least assist in the process of incorporating legalities in the business operations of the organization within and even outside the territories of the said business group. However, to be able to understand the matter well, it is first important to know what limited liability actually stands for and how much it naturally affects the ventures of the business as an entity in the field of international commerce systems.
Most people are not willing to risk everything to go into business. Yet for a business to grow and prosper as well as create abundance for the owners of the said entities, many people would have the need to be willing to invest money in it. The way to solve this particular issue among hopeful entrepreneurs was to create an artificial being, one particular entity that existed only in the eyes of the law- a business group, a corporation that is noted as an individual that has its personal rights and personal advantages and disadvantages of existence. In this phase of the writing, the advantages of corporal creations are to be discussed.
Advantage to have more money for investment
Limited liability
Advantages to business size
Advantages to having perpetual life
Advantages to engage in the ease of ownership changes
Advantages in easing the drawing of talented employees
Advantages in creating separations of the corporation ownership from the management
As observed, one of the most important advantages that the corporation has from the other forms of businesses is that of the limited liability advantage of the organization. Likely, this advantage involves the responsibility held up towards the owners that are only in balance with the amount of finances that they have invested in the business. It is considered that this particular advantage is natural gift to the formation of corporation. The safety of the monetary investment of the owners is well protected through the provision of the limited liability advantages of the creation of corporations. Having businesses like this is a huge advantage for many entrepreneurs at present especially during the existing economic turmoil. Corporation owners are the ones having the best possible advantages in this scenario. Since corporations are able to extend their business sizes, their profits could naturally increase without necessarily increasing the amount of investment that they have primarily contributed to the establishment of the organization. Hence, as a result, if in any case the business fails, the amount of financing contribution that is lost by the owner could only amount to the investment that he or she has further used as a capital for the establishment ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Corporations Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from
(Corporations Essay Example | Topics and Well Written Essays - 1000 Words)
“Corporations Essay Example | Topics and Well Written Essays - 1000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document



...Corporations Exam, Question Part I: Substantive and Procedural Merits of Lawsuit The Complaint against the Board of Directors The class action against the board of directors is founded on the assumption that directors are fiduciaries. As fiduciaries, directors owe the shareholders of the corporation and the corporation as a whole a duty of loyalty and duty of care (Aronson v Lewis). The duty of loyalty is a firmly established principle of corporate law. The duty of loyalty imposes upon directors and other relevant corporate officers, a duty of care. In this regard, a duty of care involves the duty to ensure that the corporation’s...
19 Pages(4750 words)Essay

Corporations (Research)

...Do you believe that corporations can be trusted to do the right thing when it comes to reducing or eliminating existing social problems Is good corporate citizenship a possibility in the global economy today Why or why not Corporate citizenship is developing very fast across a variety of activities such as financing of employees' education, organization of ethics training programs, adoption and implementation of eco- friendly policies, and sponsorship of community events. The definition of corporate citizenship includes Carroll's (1979) classification of four key corporate social responsibilities. These are economic responsibility, legal responsibility,...
4 Pages(1000 words)Essay

Global Corporations

...Global Corporations Global corporations, with their presence worldwide, both in terms of operations and in market reach have reshaped the ways human beings think and act. As a political force, some with resources greater than many countries (Korten n.p.), these corporations have indirectly sought power, through agreements with governments of nation-states, especially with those that badly need investments to generate employment and boost national income through taxes. Global corporations are also the real power behind the international trade agreements seeking the opening of more markets worldwide through the mechanisms of the World Trade Organization (WTO). This is seen...
4 Pages(1000 words)Essay

Transnational Corporations

...TRANS-NATIONAL CORPORATIONS AND THEIR HOST GOVERNMENTS Background In the complex arena of international business, transnational corporations or TNCs are the world's largest economic institutions. Approximately 300 prime TNCs control and maintain at least one-quarter of the whole world's productive assets, worth about US$5 trillion (The Economist 1993). In addition to size and financial strength, they have progressively become more potent; their significance amplified and they have become influential players in the global showground. With 800,000 affiliates abroad, 60,000 TNCs in the year 2000 had as foreign direct investment (FDI) an overwhelming $1.3 trillion (UNCTAD 2001). Basically, TNCs' aggregate...
12 Pages(3000 words)Essay

Multinational Corporations

...Running Head: Role and Behaviors of Multinational corporations Role and Behaviors of Multinational corporations Name: Course: College: Tutor: Date: Multinational corporations refer to business entities with operations in many countries. The headquarters of a multinational corporation are normally located in one country whereas the facilities are based in other countries. This model enables the company to enjoy the full advantages of incorporating in a certain locality and also the ability the cost production advantage i.e. the ability to produce the goods and services at lower costs. An example of...
2 Pages(500 words)Essay

Government Corporations

...Government Corporations Introduction The modern corporation is the leading form of commerceorganization in the globe today. Corporations' reach, though, is not limited to the commerce world. As they have multiplied in number, size, and authority, corporations have also begun to exert strange influence over the civic, financial, and educational life of the human societies which host them. though corporations are effectual mechanisms for generating certain kinds of riches, much of their influence can correctly be regarded as destructive and even dangerous. The term "hosts" hints at an organic symbol symbiosis that is helpful in describing the...
7 Pages(1750 words)Essay

Multinational Corporations

...MULTINATIONAL CORPORATIONS Introduction The end of cold war and the disintegration of the Soviet Union turned the world once polarized into two distinctive blocks into a singular entity which groped with its existence over a period of one and a half decade, until it achieved the present status. New as well as developing nations ran over one another to grab whatever opportunity they got to establish their identity in the new world scenario. The last few years have seen the development of rapid communication and transportation means in the world due to computerization and information technology. This has opened up new vistas and opportunities for the large corporations who are increasingly delving into...
4 Pages(1000 words)Essay

Multinational Corporations

...Survey: Multinational Corporations Multinational Corporations Hypothesis – Foreign companies are doing more and more harm to the American economy The survey was intended to study the effect of multinational corporations on the economy of the US. In order to achieve this, a survey was conducted. The respondents were asked quite a number of questions and their responses were recorded and represented in graphs and charts. The first question asked whether the respondent had a family member who worked for a multinational corporation. 100% of the respondents said “Yes”, meaning that every family in USA has at least one member who works in a multinational corporation. All the four respondents also thought that multinational companies... are...
2 Pages(500 words)Essay

Colonial Corporations

...Colonial Corporations This study highlights the Colonial Corporation of the British Emperor. They expanded their emperor through trade and by forming different companies. The rice people of Britain invested in these companies and invaded in many countries of the world. They established their business to those countries and formed many colonies out this. This case study gives a detailed description of the policies of the British to exploit the people of the colonies for getting benefits and wealth from them. Different policies which were undertaken by The British Corporation are discussed here. Their main intension was to strengthen their own economy at the expense of their colonies. Here in this case study the American Revolution... . England...
9 Pages(2250 words)Term Paper

Benefit Corporations

...Benefit Corporation Benefit Corporation refers to a form of corporate structure that is recognized some of the governments in the United States. It assumes full legal responsibility on the impacts it is likely to have on the society as well as the environment apart from being a profitable venture. Some of the states in which Benefit Corporation has become fully operational include New Jersey, Oregon, Delaware, Nevada, Massachusetts, Louisiana, South Carolina, New York, Pennsylvania, Maryland, Illinois, Rhode Island, Utah, Vermont Washington D.C and West Virginia. Benefit Corporations differ from other normal corporations based on the...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Corporations for FREE!

Contact Us