How do female CEOs affect corporate environmental policies?

In a Corporate Social Responsibility and Environmental Management analysis of 351 Chinese listed firms in heavily polluting industries from 2006–2019, investigators found that companies with female CEOs tended to have policies ...

Employers are encouraged to embrace neurodiversity

Unwavering focus, superior analytical ability and mathematical talent are just some of the untapped skills neurodivergent people can bring to workplaces, a University of Otago researcher has highlighted.

Long COVID effects on business and education

The pandemic has affected many aspects of our lives, from health consequences to the collateral damage to restaurants and "mom and pop stores." Supply chain problems have created panic shopping among consumers and many entertainment ...

Commercial satellite race raises calls for more regulations

Rapidly evolving technology and space debris reported in several places around the world—including pieces of a Chinese Long March 5B Rocket in the Indian Ocean—signal the need for a new era for regulation of space, Flinders ...

Novel method for pricing working conditions

New online platform technologies are redefining what employment relationships look like. Many firms do not offer permanent jobs to workers but employ workers at a "piece-rate" or hourly basis, often requiring workers to work ...

Food giants reap enormous profits during times of crisis

A recent report by Oxfam International has found that 62 new "food billionaires" were created during the pandemic. The report, released ahead of this year's World Economic Forum in Davos, Switzerland, highlights the record ...

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Corporation

A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter (i.e. by an ad hoc act passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration.

An important (but not universal) contemporary feature of a corporation is limited liability. If a corporation fails, shareholders may lose their investments, and employees may lose their jobs, but neither will be liable for debts to the corporation's creditors.

Despite not being natural persons, corporations are recognized by the law to have rights and responsibilities like natural persons ("people"). Corporations can exercise human rights against real individuals and the state, and they can themselves be responsible for human rights violations. Corporations are conceptually immortal but they can "die" when they are "dissolved" either by statutory operation, order of court, or voluntary action on the part of shareholders. Insolvency may result in a form of corporate 'death', when creditors force the liquidation and dissolution of the corporation under court order, but it most often results in a restructuring of corporate holdings. Corporations can even be convicted of criminal offenses, such as fraud and manslaughter. However corporations are not living entities in the way that humans are.

Although corporate law varies in different jurisdictions, there are four characteristics of the business corporation:

This text uses material from Wikipedia, licensed under CC BY-SA