Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Define benefit corporation (B-Corp)
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Benefit corporation:
A benefit corporation is a kind of for-profit corporate organizations, approved by 35 U.S. states and the Columbia district that comprises optimistic influence on society, labors, the public and the environment moreover to profit as its lawfully distinct goalmouths, in that the meaning of "finest interest of the company" is stated to comprise those influences.
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- Distinguish between publicly held and privately (or closely) held corporations.arrow_forwardWhat is the Ownership rights held by common shareholders?arrow_forwardwhen a C-Corp distributes appreciated assets to its shareholders should recognize in in the corporate return a taxable profit on the appreciation?arrow_forward
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