Today's culture is increasingly influenced-even dominated-by
business; The Corporation provides readers with a basic
understanding of how a corporation works and how it contributes to
the wealth of its shareholders, employees, communities, and nations
in which it is active. Part I addresses how and why the corporation
developed historically (in legal, political, economic, and social
context) and how it become the most dominant business form in the
U.S. Part II covers the laws and regulations that influence the
corporation's daily operations and compares it with other business
entities (such as partnerships) in the U.S. and around the world.
Part III explores issues related to ethical conduct and
accountability, and considers the future of the corporation in an
era of economic anxiety. Featuring many company examples,
illustrations, charts, a glossary, timeline, and listings of
resources and references, The Corporation is an essential
introduction to business and its role in society. Today's culture
is increasingly influenced-even dominated-by business, and the
corporation is the quintessential enterprise, representing
everything that is popularly considered both good and evil about
business. The Corporation provides readers with a basic
understanding of how a corporation works, generating wealth for its
shareholders, employees, communities, and the nations in which it
is active. The first part addresses the importance of the
corporation in the United States-how and why this business form
developed historically (in legal, political, economic, and social
context), how it became the country's most dominant business form,
and its vital role in the economy today, including its
contributions to Gross Domestic Product and employment. The next
section focuses on the nature of a corporation as a business
entity, including the process of incorporating, laws and
regulations that influence its daily operations, and a comparison
with other business entities (such as partnerships) in the U.S. and
around the world. The final chapters explore issues related to
ethical conduct and accountability-governance, auditing and
financial reporting, business-government relations, social
responsibility, and compensation of directors and executives-and
considers the future of the corporation in an era of economic
anxiety. Featuring many company examples, illustrations, charts, a
glossary, timeline, and listings of resources and references, The
Corporation is an essential introduction to business and its role
in society.
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