IAS (Admin.) Mains Public Administration Organizations-Corporations Study Material (Page 1 of 1)
Choose Programs:
📹 Video Course 2024 (283 Lectures [158 hrs : 41 mins]): Offline Support
Rs. 970.00 -OR-
1 Month Validity (Multiple Devices)
Preview All LecturesDetails
🎓 Study Material (710 Notes): 2024-2025 Syllabus
Rs. 750.00 -OR-
3 Year Validity (Multiple Devices)
Topic-wise Notes & SampleDetails
🎯 753 Questions (& PYQs) with Full Explanations (2024-2025 Exam)
Rs. 1200.00 -OR-
3 Year Validity (Multiple Devices)
CoverageDetailsSample Explanation
Help me Choose & Register (Watch Video) Already Subscribed?
Corporations
Edit
- A corporation is an organisation that is authorised by the state to act as a legal entity and recognised as such in law.
- Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered based on two aspects:
- Whether they can issue stocks;
- Whether they are formed to make a profit.
- Depending on the number of owners, a corporation can be classified as aggregate or sole.
History
- Corporations became popularized in the age of mercantilism, which was led by the Dutch and English East India Companies.
- These corporations acted under a Charter sanctioned by their respective governments.
- Even though they were trading organisations, they …
… (595 more words, 11 figures) …
Subscribe (by clicking here) to view full notes and track progress.