Incorporation (business) in the context of "Joint-stock corporation"

⭐ In the context of joint-stock corporations, incorporation is considered…

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⭐ Core Definition: Incorporation (business)

Incorporation is the formation of a new corporate body. The body may be a business corporation, a nonprofit organization, sports club or similar. The term also applied in local government to the formation of a new city or town.

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πŸ‘‰ Incorporation (business) in the context of Joint-stock corporation

A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.

In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies.

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Incorporation (business) in the context of Nonprofit corporation

A nonprofit corporation is any legal entity which has been incorporated under the law of its jurisdiction for purposes other than making profits for its owners or shareholders. Depending on the laws of the jurisdiction, a nonprofit corporation may seek official recognition as such, and may be taxed differently from for-profit corporations, and treated differently in other ways.

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Incorporation (business) in the context of Corporate law

Corporate law (also known as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations, and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations. Corporate law often describes the law relating to matters which derive directly from the life-cycle of a corporation. It thus encompasses the formation, funding, governance, and death of a corporation.

While the minute nature of corporate governance as personified by share ownership, capital market, and business culture rules differ, similar legal characteristics and legal problems exist across many jurisdictions. Corporate law regulates how corporations, investors, shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community, and the environment interact with one another. Whereas the terms company law or business law may be colloquially used interchangeably with corporate law, the term business law in fact refers to wider concepts of commercial law, which is the law governing commercial and business-related activities. In some cases, this may include matters relating to corporate governance or financial law.

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Incorporation (business) in the context of Dutch chartered companies

A chartered company is an association with investors or shareholders that is incorporated and granted rights (often exclusive rights) by royal charter (or similar instrument of government) for the purpose of trade, exploration, or colonization, or a combination of these.

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Incorporation (business) in the context of Fortune 1000

The Fortune 1000 are the 1,000 largest American companies ranked by revenues, as compiled by the American business magazine Fortune. It only includes companies which are incorporated or authorized to do business in the United States, and for which revenues are publicly available (regardless of whether they are public companies listed on a stock market). The Fortune 500 is the subset of the list that is its 500 largest companies.

The list draws the attention of business readers seeking to learn the influential players in the American economy and prospective sales targets, as these companies tend to have large budgets and staff needs. Walmart was number one on the list for five of the seven years from 2007 to 2014, interrupted only by ExxonMobil in 2009 and 2012.

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Incorporation (business) in the context of Zion's Watch Tower Tract Society

The Watch Tower Bible and Tract Society of Pennsylvania is a non-stock, not-for-profit organization headquartered in Warwick, New York. It is the main legal entity used worldwide by Jehovah's Witnesses to direct, administer, and disseminate doctrines for the group and is often referred to by members of the denomination simply as "the Society". It is the parent organization of a number of Watch Tower subsidiaries, including the Watchtower Society of New York and the International Bible Students Association. The number of voting shareholders of the corporation is limited to between 300 and 500 "mature, active and faithful" male Jehovah's Witnesses. About 5,800 Jehovah's Witnesses provide voluntary unpaid labor, as members of a religious order, in three large Watch Tower Society facilities in New York. Nearly 15,000 other members of the order work at the Watch Tower Society's other facilities worldwide.

The organization was formed in 1881 as Zion's Watch Tower Tract Society for the purpose of distributing religious tracts. The society was incorporated in Pittsburgh, Pennsylvania, on December 15, 1884. In 1896, the society was renamed Watch Tower Bible and Tract Society. Following a leadership dispute in the Bible Student movement, the society remained associated with the branch of the movement that became known as Jehovah's Witnesses. In 1955, the corporation was renamed Watch Tower Bible and Tract Society of Pennsylvania. In 1976, all activities of the Watch Tower Society were brought under the supervision of the Governing Body of Jehovah's Witnesses.

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