Based on the canadian film The Corporation which makes us think about the basic corporating principles of the corporate world which were reduce to a game of "follow the leader";An inspiring film that starts defining Corporation as an istitution that creates great wealth and causes enormous damage. Also Talks about it as a family unit where every one work together to reach a common goal then finishs trying to make it more clear saying that Corporation is an artificial creation, a monster that tries to get as much profit as they can.But at this time, which benefits do we get from a corporation,is there an alternative model that could be worth it?.
A corporation form has many advanteges, it permits of larger accumulations of capital also the death of a stockholder does not dissolve the organization of which he is part owner,the Shares of a corporation are freely transferable, because as a separate entity, the existence of a corporation is not dependent upon who the owners or investors are at any one time these an other advantanges make corporations very attractive because if we get to compare it to a partnership, a sole proprietors company or a an S-corporation, they wont have as many advantages as the corporation but could fullfill our needs depending on the circumstanses.
Definition
A corporation is a separate legal entity. As such it allows a group of people to pool their energy, time, and money for profit or nonprofit activities. The corporation comes into legal existence when its founders comply with their state's incorporation process.
http://nonprofit.about.com/od/nonprofitbasics/qt/corpbasics.htm
Wednesday, February 24, 2010
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1 comment:
Natasha, I enjoyed reading your Blog. I think you have managed to built strong arguments.
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