Corporation

A corporation is a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law. Early incorporated entities were established by charter (i.e. by an ad hoc act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration.

Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered into two kinds: by whether or not they can issue stock, or by whether or not they are for profit.

Where local law distinguishes corporations by ability to issue stock, corporations allowed to do so are referred to as "stock corporations", ownership of the corporation is through stock, and owners of stock are referred to as "stockholders." Corporations not allowed to issue stock are referred to as "non-stock" corporations, those who are considered the owners of the corporation are those who have obtained membership in the corporation, and are referred to as a "member" of the corporation.

Latest News for: Corporate power

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Paul deLespinasse: Calls for corporate democracy are misguided

The Holland Sentinel 24 Jul 2021
Consider private corporations, whose executives wield great power. As Reinhold Niebuhr (1892-1971) reminded us, all power is morally ambiguous ... How can abuses by top corporation leaders be controlled?. Corporate leaders wield limited power. Contract, corporate, and labor law hem them in....
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Meat ban matter of fundamental rights, says Uttarakhand high court

The Times of India 24 Jul 2021
The two petitions in the high court challenged this on two grounds — a blanket ban on meat of any type is unconstitutional, as was the section the Uttarakhand government had inserted into the UP Municipalities Act, 237A, to give itself power to declare an area under a municipal corporation, council or nagar panchayat a “slaughter-free” zone....
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The Boss Wants You Back in the Office. Like, Now.

Wall Street Journal 24 Jul 2021
At healthcare products maker Abbott Laboratories , executives told corporate employees to return to the company’s headquarters near Chicago this month ... that delivers electric power in Texas, is back to pre-pandemic levels....
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Suicide pact: 3 of family jump into Krishna

The Times of India 24 Jul 2021
A worker of Telangana State Power Generation Corporation Limited (TS Genco) along with his wife and their 12-year-old son ended their lives by jumping into Krishna ......
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China Orders Tencent to Give Up Exclusive Music Rights

Yahoo Daily News 24 Jul 2021
The penalty levied on Tencent marks the most-direct hit to Asia’s most valuable corporation from Beijing’s escalating campaign against its tech giants ... Beijing has sought to curtail the growing influence of China’s powerful internet corporations over every aspect of Chinese life from online shopping to chatting and ride-hailing....
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Anti-monopoly movement: States can lead

MinnPost 23 Jul 2021
Biden’s executive action is the first concerted effort to fight concentrated corporate power in decades ... Today, in an era of rampant economic concentration that is squeezing workers, destroying small businesses and distorting our political system, states like Minnesota can lead the way in standing up to corporate power....
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2 companies get show cause notice for stopping work on 440kV substation

Hindustan Times 23 Jul 2021
Shekhar Agarwal, Meerut zonal chief engineer (transmission), Uttar Pradesh Power Transmission Corporation Limited (UPPTCL), said the contract for constructing the 440 kV substation was awarded to Hyosung Power Corporation of South Korea and its Indian counterpart Piscesia Power Transmission Private Limited in November 2014....
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Work begins on 115 MW solar park in the Philippines

PV Magazine 23 Jul 2021
(PHRI), a subsidiary of Global Business Power Corporation (GBP), which is itself part of the Philippines power utility Manila Electric Company (Meralco), has begun construction on a 115 MW solar park in Rizal, Luzon ... and China Energy Engineering Corporation....
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Morningstar Corporation achieves HazLoc certifications for SunSaver, ProStar charge controllers

Solar Builder 23 Jul 2021
Morningstar Corporation announced that its signature SunSaver and higher-powered ProStar solar charge controller lines have achieved certifications for HazLoc use in North America (with UL/CSA ratings) and Internationally/Europe (with IECEx/ATEX ratings) ... Generators can power remote off-grid systems, but they require fuel and frequent maintenance....
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HC: Meat ban matter of fundamental rights, not of majority vs minority

The Times of India 23 Jul 2021
The two petitions in the high court challenged this on two grounds — a blanket ban on meat of any type is unconstitutional, as was the section the Uttarakhand government had inserted into the UP Municipalities Act, 237A, to give itself power to declare an area under a municipal corporation, council or nagar panchayat a “slaughter-free” zone....
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Dominance of mega firms may undermine monetary policy

The Times of India 23 Jul 2021
"Firms' market power dampens the response of their output to ... "Curbing corporate market power would not only support the recovery directly by stimulating investment, innovation and wage growth, but also indirectly by making monetary policy more powerful," the IMF economists wrote....
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W�rtsil� to Provide Thrusters for Chinese Wind Farm Vessels

The Maritime Executive 23 Jul 2021
The technology group Wärtsilä will supply the steerable and tunnel thrusters for two new wind farm turbine installation vessels being built for the China Three Gorges Corporation (CTGC), a China state-owned power company. The ships will serve China’s expanding offshore wind power sector....
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Woodside to Lead Feasibility into Ammonia Supply Chain for Japan

The Maritime Executive 23 Jul 2021
Woodside Energy is working in conduction with Japan Oil, Gas and Metals National Corporation, Marubeni Corporation, Hokuriku Electric Power Company, and The Kansai Electric Power Co ... They will explore marine transportation for the ammonia produced in Australia to Japan as well as the use of ammonia as a fuel for power generation and marine use....

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