ACCOUNTING II (MUHASEBE II) - (İNGİLİZCE) Dersi Shareholders’ Equity: Paid-in Capital soru detayı:

PAYLAŞ:

SORU:

What is the definition of a corporation?


CEVAP:

A corporation is a legal entity which is organized under state law and owned by shareholders. Thus, the owners in a corporation are called shareholders. A person or an organization may own some certificate that represents the ownership in a corporation named shares of a corporation and called shareholders. Generally, corporations are organized as very large entities and sometimes their shares can be purchased on an organized stock exchange market. These are called publicly held corporations. In this
case, a corporation may have many shareholders.