Why corporations exist throughout recent history?
Over the past 400 years corporations have conquered territory and brought in resources for the state, breaking laws put in place to constrain them and gaining in power and privilege. History shows a repetitive cycle of corporations over-reaching, causing such social turmoil that the state is forced to reign them back in through regulation. According to Bierce's Devil's dictionary it as 'an ingenious device for obtaining profit without individual responsibility'. In the 17th century the major motive became making money probably this is why corporations existed throughout history.
Corporations were created by a charter granted by government. Today, These are usually registered with the state, province, or national government and regulated by the laws enacted by that government.
First in an ignoble line was the East India Company, set up by British merchant adventurers and granted the Royal Charter of Queen Elizabeth I in 1600. Partners combined their personal stock, turning it into company stock to create the world's first commercial corporation.The first American corporations were developed in the 1790s, almost instantly becoming key institutions in the young nation's economy. Although corporations existed in Europe in the early-19th century – particularly in Great Britain and the Netherlands – no country took to corporate development like the United States.
Corporations will pay their own taxes, can own property, enter contracts, sue and be sued independently of those who own them and are responsible for their own debts and actions.
What challenges exist for Subway this level of growth in recent years? Why or why not? Course: Strategic and Managerial Decision Making
Which of the following is a disadvantage of incorporation? Corporations cease to exist when an owner passes away. A corporation cannot sell capital stock to raise money. The income of a corporation is double taxed. Owners of corporations are liable for the business’ debts.
Interest rates have been known to fluctuate widely over the years throughout history. Discuss why it would be a better idea for the government to slowly raise interest rates instead of reacting to catastrophic worldwide events.
Explain why corporations issue stocks. Are corporations required to pay dividends? Explain. Why do corporations pay dividends? What are retained earnings, and why are they important. Explain your answer.
if corporate and personal taxes exist, and interest payments are tax-deductible for corporations, would firms take on as much debt as possible?
There have been both vigorous defenses and criticisms of administrative law throughout its history in America. In its current state, is our administrative system a thing to be criticized or defended? Why? Please answer in 250 words or more.
What recent change was made to the tax treatment of dividends received by U. S. corporations from foreign subsidiaries?
Briefly describe what gender and sexuality looks like in different countries and throughout history. Name and describe ONE example that you from the the article that is most impactful. After your description, explain WHY this stood out to you so much. (300 words minimum) Artcle below: http://www.pewglobal.org/2013/06/04/the-global-divide-on-homosexuality/
A. Why is international accounting important to multinational corporations? Why international accounting is important to you? B. Would you like the U.S. to adopt IFRS? Why or why not?
Constant Growth Valuation: Zenith Corporations most recent dividend paid to shareholders was $6.00. This dividend is expected to grow at a constant rate of 4% per year. The required rate of return on the stock is 7%. What is the intrinsic value of Zenith’s stock?