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Corporate personhood or juridical personality is the legal notion that a juridical person such as a corporation, separately from its associated human beings (like owners, managers, or employees), has at least some of the legal rights and responsibilities enjoyed by natural persons.
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.
Corporate law is often divided into corporate governance (which concerns the various power relations within a corporation) and corporate finance (which concerns the rules on how capital is used). Directors also owe strict duties not to permit any conflict of interest or conflict with their duty to act in the best interests of the company.
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.
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Corporate social responsibility (CSR) or corporate social impact is a form of international private business self-regulation [1] which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in, with, or supporting professional service volunteering through pro bono programs, community development ...
AA Berle, Modern Functions of the Corporate System (1962) 62 Columbia Law Review 433; AA Berle, Property, Production and Revolution (1965) 65 Columbia Law Review 1; AA Berle, Corporate Decision-Making and Social Control (1968–1969) 24 Business Lawyer 149; V Brudney, Contract and Fiduciary Duty in Corporate Law 38 BCL Review 595 (1977)