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A corporate group is two or more individuals, usually in the form of a family, clan, organization, or company. In humans, different cultures have different beliefs about what the basic unit of the culture is. These assumptions affect their beliefs about what the proper concern of the government should be.
One criticism is that interests, both social and economic, are so diverse that a state cannot possibly define or organize them effectively by incorporating them. [ citation needed ] Corporate statism differs from corporate nationalism in that it is a social mode of organization rather than economic nationalism operating by means of private ...
The Economist also stated that an increasingly profitable corporate financial and banking sector caused Gini coefficients to rise in the U.S. since 1980: "Financial services' share of GDP in America, doubled to 8% between 1980 and 2000; over the same period their profits rose from about 10% to 35% of total corporate profits, before collapsing ...
Corporatism is a political system of interest representation and policymaking whereby corporate groups, such as agricultural, labour, military, business, scientific, or guild associations, come together and negotiate contracts or policy (collective bargaining) on the basis of their common interests.
What these requirements are depends on the kind of corporation involved. In a worker cooperative, the members are people who work for the cooperative. In a credit union, the members are people who have accounts with the credit union. [28] The day-to-day activities of a corporation are typically controlled by individuals appointed by the members.
Hogg and separately Deanne et al. stated that groupthink can occur, for example, when group members rely heavily on a charismatic figure or where members evince an "evangelical" [36] [37] belief in the organization's values. Groupthink can also occur in groups characterized by a friendly climate conducive to conflict avoidance.
A corporate group is composed of companies. The general rule is that a company is a separate legal entity from its shareholders, that is the shareholder's liability for the subsidiary's debts is limited to the value of the shares, [4] and the shareholders cannot be required to perform the company's obligations.
Public ownership by an entity or network of entities representing society, which may be national or municipal in scope. [37] Cooperative ownership, with the members of each individual enterprise being co-owners of their organization. [38] Common ownership, with open access for everyone in society, and where assets are indivisibly held in common.