Corporation
From The Art and Popular Culture Encyclopedia
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A corporation is a legal personality, usually used to conduct business. Corporations exist as a product of corporate law, and their rules balance the interests of the shareholders that invest their capital and the employees who contribute their labour. People work together in corporations to produce. In modern times, corporations have become an increasingly dominant part of economic life. People rely on corporations for employment, for their goods and services, for the value of the pensions, for economic growth and social development.
See also
- Cooperative
- Corporate crime
- Corporate scandals
- Corporatism
- Corporatocracy
- Corporatization
- Evil corporation
- Guild
- Megacorporation
- Nonprofit corporation
- Organizational culture
- The Corporation (film)
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