Management and Organizational Studies 2275A/B Chapter Notes - Chapter 15: Debenture, 18 Months, Insider Trading

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Philip King

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A corporation is a separate legal entity. For legal purposes, a corporation is a person. Carry on operations to accomplish their social or charitable mission. Not (cid:28660) typ(cid:28664) o(cid:28665) (cid:28662)orpor(cid:28660)t(cid:28668)on, (cid:28668)t"s (cid:28660) t(cid:28660)x st(cid:28660)tus. Charities are all not-for-profit corporations i. e. uwo is registered as a not-for-profit corporation and a charity you can donate to the university and get a charity receipt. Stakeholders: one who has an interest in a corporation. Internal stakeholders: direct or indirect role in governing the corporation, determining its mission and how it will be achieved. Shareholders: people who have invested in the corporation by buying shares. (cid:28631)on"t (cid:28667)(cid:28660)v(cid:28664) (cid:28663)(cid:28668)r(cid:28664)(cid:28662)t (cid:28660)ut(cid:28667)or(cid:28668)ty to m(cid:28660)n(cid:28660)(cid:28666)(cid:28664) t(cid:28667)(cid:28664) (cid:28662)orpor(cid:28660)t(cid:28668)on. Have power to elect the board of directors. Both federal and provincial government passed legislation that provides for the incorporation of companies. All m(cid:28664)t(cid:28667)o(cid:28663)s (cid:28660)llow (cid:28665)or (cid:28660) (cid:28662)r(cid:28664)(cid:28660)t(cid:28668)on o(cid:28665) (cid:28660)n (cid:28664)nt(cid:28668)ty t(cid:28667)(cid:28660)t"s.