Ask Question
26 May, 17:14

What happened to profit of domestic financial corporations

+5
Answers (1)
  1. 26 May, 19:16
    0
    Domestic profit corporations are organizations founded exclusively for the purpose of generating profit for their owners. There are 3 stakeholders in a profit corporation:

    Shareholders: The actual owners of the company. Directors: People designated by the owners to oversee the corporations affairs. Officers: Employees hired to run the corporation's day to day operations.

    Although the structure remains the same, many companies decide to restructure the ownership of the company in the form of stock. A stock is a right to the ownership of a percentage of the company. Corporations issue stock in order to raise funds. Individuals who own the majority of stocks are the one with the power to make decisions in the corporation.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What happened to profit of domestic financial corporations ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers