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Protester holding Adbusters' Corporate American Flag at the Second inauguration of George W. Bush in Washington, D.C.. Corporatocracy [a] or corpocracy is an economic, political and judicial system controlled or influenced by business corporations or corporate interests.
Public corporation may refer to: . Government-owned corporation; Public company, i.e. a limited liability company that offers its securities for sale to the public; Statutory corporation, i.e. a corporation created by statute that is owned in part or in whole by a government, such as municipal councils, bar councils, universities)
New York Business Corporation Law section 1104-a, the holders of 20 per cent of voting shares of a non-public corporation may request that the corporation be wound up on grounds of oppression. NY Bus Corp Law §1118 and Alaska Plastics, Inc. v. Coppock , 621 P.2d 270 (1980) the minority can sue to be bought out at a fair value, determined by ...
The Crisis of Democracy: On the Governability of Democracies is a key report written in 1975 by Michel Crozier, Samuel P. Huntington, and Joji Watanuki for the Trilateral Commission. In the same year, it was republished as a book by the New York University Press .
A semi-presidential republic is a government system with power divided between a president as head of state and a prime minister as head of government, used in countries like France, Portugal, and Egypt. The president, elected by the people, symbolizes national unity and foreign policy while the prime minister is appointed by the president or ...
Corporations have limited liability. [citation needed] Corporations are usually called public entities or publicly traded entities when parts of their business can be bought in the form of shares on the stock market. This is done as a way of raising capital to finance the investments of the corporation.
Economic democracy (sometimes called a democratic economy [1] [2]) is a socioeconomic philosophy that proposes to shift ownership [3] [4] [5] and decision-making power from corporate shareholders and corporate managers (such as a board of directors) to a larger group of public stakeholders that includes workers, consumers, suppliers, communities and the broader public.
The defenders of corporations, such as Ron Arnold, highlight that governments legislate in ways that restrict the actions of corporations and that lawbreaking companies and executives are routinely caught and punished, usually in the form of monetary fines.