Management and Organizational Studies 2275A/B Chapter Notes - Chapter 15: Insider Trading, 18 Months, Debenture
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Chapter 15 the corporate form: organizational matters. Ada(cid:373)"s idea is (cid:449)o(cid:396)ki(cid:374)g (cid:449)ell, a(cid:374)d dia(cid:374)e is assisti(cid:374)g hi(cid:373) i(cid:374) (cid:373)aki(cid:374)g a (cid:271)usi(cid:374)ess pla(cid:374). Ada(cid:373) is goi(cid:374)g to t(cid:396)(cid:455) to i(cid:374)(cid:272)o(cid:396)po(cid:396)ate the (cid:271)usi(cid:374)ess (cid:271)ut (cid:449)ill (cid:374)eed (cid:373)o(cid:396)e tha(cid:374) his fathe(cid:396)"s (cid:1004)(cid:1004)(cid:1004)(cid:1004)(cid:1004) loa(cid:374) It is the predominant business vehicle in modern commerce because it is a separate legal entity. One who has an interest in a corporation. Internal stakeholders have either a direct or indirect role in governing the corporation and determining its mission and how it will be achieved. The bod is charged with management functions and is answerable to the shareholders. External stakeholders are people who have dealings with or are affected by the corporation but do not have an explicit role in governing the corporation. Adam has to decide whether to incorporate federally or provincially, what type of shares will be available and to whom, and what to name the corporation.