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What is Corporation

Economic Impact and Recovery Following a Global Health Crisis
A common type of business establishment of which owners are considered as shareholders, employing professional executives, and also has limited liability in accordance to its assets.
Published in Chapter:
The Impact of COVID-19 on the Size Distribution of New Firms in Turkey
Yigit Aydogan (Kirklareli University, Turkey)
Copyright: © 2022 |Pages: 26
DOI: 10.4018/978-1-7998-6900-9.ch009
Abstract
A surge in new firm registrations have been one of the most intriguing outcomes of the economic turbulence caused by the COVID-19 pandemic. Turkey followed a similar pattern to many other economies that observed an initial drop and a rapid V-shaped recovery of entry when the virus hit the country. However, the size distribution of new firms has been very different. While others experience a strong rise in smaller entrants, larger firms have dominated the pack in Turkey. As a widely-known long-term problem of the Turkish economy, which has been accused of causing the stagnation of growth, miniscule firms have been losing their weight rapidly among the entrants. It revives lost hopes for the future of the economy and also motivates questions regarding the other determinants of such transformation in new firm formation.
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The Role of the Business Analyst in Green ICT
a legal entity separate from the persons that form it.
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Crisis Communication in the Age of Social Media and the Case of Dairy Khoury
The legal entity of a group of companies or a large company owned by shareholders. The Corporation is liable by law to conduct the actions and finances of the business, while the shareholders are not.
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Bridging the Foundational Gap between Theory and Practice: The Paradigm on the Evolution of Business Ethics to Business Law
Any association of individuals bound together into a corpus, a body sharing a common purpose in a common name.
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The End of the Corporation: Transformation in Corporate Governance
In this chapter, the term ‘corporation’ is used to refer to limited liability joint stock companies, both publicly traded corporations and private (‘closely held’) companies. As such, single proprietorships and partnerships are excluded from our definition of a corporation. The definition used here, therefore, differs from a broader, more everyday definition of a company as any organization that engages in business.
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