Determine Duties of Corporate People
The purpose of this paper is to detail the respective duties of those necessary to the corporate process. This paper will also analyze the differences of the publicly held and closed corporation. This paper will enable the laymen to understand corporate structure, those necessary and the defend types of corporation in order to have a foundation grasp of this form of business.
Corporate Directors:
The original objective of the corporation has been to, “enhance corporate profits and shareholder gain.” (Mallor, Barnes, Bowers & Langvardt, 2010 p1047) In order to secure this many people are needed to handle specific duties which will allow the company to run smoothly and be fiscally sound. One of the main groups is the Board of Directors, BD. The BD holds the authority and the responsibility of managing the corporation
