As others have noted, the answer here totally depends on what you're talking about. Employee-owned coops and LLC partnerships and ESOPs, etc all get different a

As others have noted, the answer here totally depends on what you're talking about. Employee-owned coops and LLC partnerships and ESOPs, etc all get different answers, and "traditional corporate structure" has a bunch of different meanings as well. But the other part depends on what you're trying to do with the company; the answers are also different for a software startup seeking investors than for a consultancy, and different for a consultancy than for a grocery store, etc.