arguments may present that CSR itself could be the competitive advantage of corporations, but reflect on Hawthorne (2013), 40.6% of customers would not pay extra money for products or services, which comes to a pretty high “unwilling fraction”. This might prove that customers would not buy anything primarily depends on the ethical or environmental issues. Thus, CSR would not be a major competitive advantage of corporations. In addition, Godelnik (2011) claims that CSR might compel companies to delay
A Corporation can be defined as a legal creation, however the corporation itself, would only exist on a piece of paper. A corporation will never die a natural death like humans die naturally, and corporations will always outlive the individual who created it. With that said, the corporation itself is never really committed to any employee or committed to any neighbor. However, a corporation can always demand employees, a corporation can always demand taxes that are extremely high, and a corporation
Tax Research Problem 6-59 Parent Corporation owns 85% of the common stock and 100% of the preferred stock of Subsidiary Corporation. The common stock and preferred stock have adjusted bases of $500,000 and $200,000, respectively, to Parent. Subsidiary adopts a plan of liquidation on July 3 of the current year, when its assets have a $1 million FMV. Liabilities on that date amount to $850,000. On November 9, Subsidiary pays off its creditors and distributes $150,000 to Parent with respect to its
determining what structure to use. This paper will cover the advantages and disadvantages within the four types of business structures; Limited Liability Corporations, Corporations, Partnerships, and Sole Proprietorships. Corporations A corporation is a standalone entity. There are two types of corporations, general or S Corp. Advantages of corporations consist of limited liability, capital through stock sales, attractive to employees, and receiving corporate
Part A (The report) Part B (The memorandum) Student Name Western Governors University Part A (The report) Determining what type of business venture to either start or invest in can be challenging. Over the next several pages we will evaluate the various types of business organizations and at the end of this report; you should have an initial or better understanding of the different types of business forms. Sole Proprietorship: The word proprietorship can sound intimidating. It is important
of whether corporations should engage in corporate social responsibility (CSR) has been a topic of debate. When determining whether branded apparel corporations should engage in CSR or not, there are many factors to consider, like questions of economics, legality, and philosophical outlook. From the factors mentioned, philosophical outlooks are extremely subjective and hard to solidify into legitimate reasons, so I will not explore into such domain. In terms of legality, corporations are not obligated
stocks that the companies issued to investors (AccountingTools,2011). Before 1811, no one could form a corporation because corporate law was very restricted at that time and mainly regulated by states or legislative act. In 1811, New York became the first state that allowed to form a corporation without specific permission form legislative. Then, New Jersey passed the first general corporation law in 1875; however, it was reviewed in 1896 and permitted to use trust system which means allowing one
is attempted to as the question, how can a corporation keep from sliding into the decline stage of the organization life cycle? Well, that is an interesting question given that different corporations have different strategies and as such, it is difficult to pin point a particular strategy of ensuring the al the corporations can adopt for the purpose of maintaining themselves in the market(Miller, 1990). Before going in to the specific ways for corporation to keep fromsliding into the decline stages
dictates that corporations go above and beyond in taking responsibility for the effect the corporation on has on the environment and the social wellbeing. With as many people in production, the lower the employment rate can be expected and the better the economy. Through research, we will evaluate and define the Corporate Veil, identify legal and ethical dilemmas and explain legal and ethical business decisions within the business organization. What is the Corporate Veil? A Corporation or LLC allows
C-Corporation: * Limited Liability - Unlike partnerships and sole proprietorships, corporate shareholders are not liable for any of the corporation's debts. * Adding Investors and Selling an Interest - To add new investors or sell an interest, the transacting