Category:Corporation: Difference between revisions
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A Corporation is a legal entity that is separate and distinct from its owners, and legally recognised from the state as such.<br/> | A Corporation is a legal entity that is separate and distinct from its owners, and legally recognised from the state as such.<br/> | ||
In practical terms, the main difference between a corporation and just a general company is that the corporation is owned by shareholders, while a company can be owned exclusively by a single individual or only a handful of individuals. This means that a corporation is more often than not a publicly traded company, but only requires specifically to be officially listed, even if it is privately traded. | |||
[[Category:Organisation]] | [[Category:Organisation]] | ||
Revision as of 12:47, 20 September 2021
A Corporation is a legal entity that is separate and distinct from its owners, and legally recognised from the state as such.
In practical terms, the main difference between a corporation and just a general company is that the corporation is owned by shareholders, while a company can be owned exclusively by a single individual or only a handful of individuals. This means that a corporation is more often than not a publicly traded company, but only requires specifically to be officially listed, even if it is privately traded.
Pages in category "Corporation"
The following 3 pages are in this category, out of 3 total.