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When does a corporation need a board of directors

Term Paper Number
898599484
Term Paper Description
When does a corporation need a board of directors
Publish Year
2008
Course
Business Management
Number Of Pages
2
Number Of Words
410
Price
20 $ (USD)
Keywords
board of directors
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Paper Abstract

When does a corporation need a board of directors?

A corporation can be defined as a firm that meets certain legal requirements to be recognized as having a legal existence, as an entity separate and distinct from its owners . Corporations are owned by their stockholders (shareholders ) who share in profits and losses generated through the firm's operations , and have three distinct characteristics



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