Business
New research from the University of Oregon and Western University has shed more light on the social effects of large corporations working directly with smaller, overseas manufacturers to make their processes more climate ...
Nov 1, 2023
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Electronics & Semiconductors
NEC Corporation has developed a 150 GHz transmitter IC chip and supporting technologies in preparation for Beyond 5G and 6G mobile access radio communication systems. According to an NEC survey, this is the first demonstration ...
Oct 12, 2023
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Consumer & Gadgets
If you had serious concerns a major corporation were harvesting your personal information for its commercial gain but not your benefit, would you:
Oct 10, 2023
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Business
Electric vehicle sales are growing faster than expected around the world, and, sales of gas- and diesel-powered vehicles have been falling. Yet, the U.S. government still forecasts an increasing demand for oil, and the oil ...
Sep 19, 2023
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Energy & Green Tech
Across the globe, data servers are humming, consuming both megawatts and precious natural resources to bring life to our digital world.
Sep 3, 2023
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61
Business
Intel Corporation has terminated a $5.4 billion deal to buy Tower Semiconductor in Israel after failing to get needed regulatory approval, the US chip maker announced Wednesday.
Aug 16, 2023
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1
Consumer & Gadgets
If you find the computer security guidelines you get at work confusing and not very useful, you're not alone. A new study highlights a key problem with how these guidelines are created, and outlines simple steps that would ...
Jul 25, 2023
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52
Business
Computer chip and software maker Broadcom's $69 billion plan to buy cloud technology company VMware cleared another hurdle Wednesday after Britain's competition regulator gave the deal provisional clearance.
Jul 19, 2023
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Business
Chinese regulators said Friday they had fined fintech giant Ant Group almost $1 billion for "illegal acts" and handed an affiliate of rival Tencent a $415 million penalty, adding that a long-running crackdown on tech firms ...
Jul 7, 2023
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1
Business
Tesla said it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits, reflected in record net income reported Wednesday for the fourth quarter of last ...
Jan 26, 2023
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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
