4 ms·

A corporation is a collection of assets owned by stockholders.

• chirau 10y ago
  Someone has been reading Bhandari and Weiss' "Corporate Bankruptcy'. This view ignores a very important aspect of who/what carries the liability of say violations made by the corporation.
  • djsumdog 10y ago
    What do you think about the book Debt: The First 5,000 Years?
    • chirau 10y ago
      With regard to what specifically? I think it's a great book, it touches on several subjects so you might have to ask more specifically.