Corporations are instruments designed to organize people and resources. Even though people assume corporations are primarily economic instruments, the purposes of the corporation actually get defined and worked out differently in different countries and in different historical periods. Inherent in the corporate form itself is not a single purpose. Rather, it is up to members of society to determine the purposes of the corporation. That purpose may well evolve over time.
Content: Quotation
Source: Harvard Business School (HBS) Working Knowledge
Subjects: Business Rules, Miscellaneous
Source: Harvard Business School (HBS) Working Knowledge
Subjects: Business Rules, Miscellaneous
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