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Wesley B. Truitt
ISBN: 9780313336065
Format: Hardback
Publisher:ABC-CLIO
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Provides readers with a basic understanding of how a corporation works. This book addresses the importance of the corporation - how and why it developed historically, how it became the dominant business form, and its role in the economy, including its contributions to Gross Domestic Product and employment.
In a culture increasingly dominated by business, the corporation is the quintessential enterprise, representing everything that is popularly considered both good and bad about business. "The Corporation" provides readers with a basic understanding of how a corporation works. Part I addresses the importance of the corporation - how and why it developed historically, how it became the dominant business form, and its role in the economy today, including its contributions to Gross Domestic Product and employment. Part II 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 around the world. Part III explores 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.
| ISBN | 0313336067 | | Pages | 240 | | ISBN13 | 9780313336065 (What's this?) | | Volumes | 1 | | Publisher | ABC-CLIO | | Weight (grammes) | 590 | | Imprint | Greenwood Press | | Published in | Westport | | Format | Hardback | | Series title | Greenwood Guides to Business and Economics | | Publication date | 30 May 2006 | | Height (mm) | 235 | | Library of Congress | HD2721.T78 | | Width (mm) | 155 | | DEWEY | 302.35 | | Spine width (mm) | 27 | | DEWEY edition | DC22 | | Academic level | General, Tertiary education, Professional / Scholarly |
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| 1 | | Development of the corporation | | 1 | | 2 | | Transformation of the corporation | | 31 | | 3 | | The postmodern corporation | | 49 | | 4 | | Benefits of the corporation | | 69 | | 5 | | Establishment of a corporation | | 97 | | 6 | | Operating a corporation | | 111 | | 7 | | Corporations in other countries | | 139 | | 8 | | Multinational corporations | | 161 | | 9 | | Corporate governance | | 191 | | 10 | | The future of the corporation | | 223 |
"Truitt, a practitioner and academic, provides an accessible introduction to the nature of corporations. He begins with an overview of the historical evolution of the corporation as a form of economic organization based on the principles of capitalization and limited liability. Moving from medieval chartered companies through the postmodern corporation, he examines the transformative forces shaping the structure and strategies of contemporary business entities. An instructive example is Wal-Mart, now the largest corporation in the US with gross revenues of $288.1 billion, compared with $193.5 billion for General Motors. Other chapters cover such topics as the benefits accruing to owners and employees of corporations; the legal requirements for creating a corporation; routine operations of a corporation; international comparisons and multinational corporations; corporate governance through boards of directors; and a concluding chapter on the future of the corporation in the global ec
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