A company is the property of shareholders, is an exploded myth

Essay specific features

 

Issue:

Business

 

Written by:

Nancy H

 

Date added:

June 18, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1404

 

Was viewed:

483 times

 

Rating of current essay:

 
Essay content:

Early companies were purely economic ventures; it was only belatedly realized that an incidental benefit of holding joint stock was that the company's stock could not be seized for the debts of any individual member . Previously company was thought as the property of its shareholders but now according to the new socio-economic thinking, is a social institute which has responsibilities towards society, not only it has responsibilities towards the workers but also towards the consumers and other members of the community ...
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Early companies were purely economic ventures; it was only belatedly realized that an incidental benefit of holding joint stock was that the company's stock could not be seized for the debts of any individual member . Previously company was thought as the property of its shareholders but now according to the new socio-economic thinking, is a social institute which has responsibilities towards society, not only it has responsibilities towards the workers but also towards the consumers and other members of the community ...
displayed 300 characters

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