2 ms·
Corporations are just the proxies of their owners. The corporation has rights on behalf of those owners.
by anonuser123456 8y ago
Corporations are just the proxies of their owners. The corporation has rights on behalf of those owners.
- JohnFen 8y ago> Corporations are just the proxies of their owners. This is not actually the case. Corporations are entities separate and independent from their "owners". That fact is why there's such a thing as a corporate shield that mostly prevents the owners from being held responsible for the misbehavior of the corporation.
- dragonwriter 8y ago> Corporations are just the proxies of their owners. Corporations are proxies for some combination of their shareholders, their management, and their chartering government, but not simple proxies for any of the three.