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AES wrote:
Don't quarrel with these assertions. But suppose the corp has multiple stockholders, who own (ergo, in the last analysis control) it . . . Then, everything the corp does is, at least in a certain sense, done by those stockholders -- and they're a group. That would be like saying that I do whatever my car does. First off, the stockholders do not have any control over the corporation (with the exception of the one, if there is one, who owns the majority of the stock). The board of directors controls a corporation. Assuming that the board is in agreement, then the corporation (an entity) does what the board wants it to do. But the corporation is not a group. What is done by the corporation is not necessarily done by the stockholders. George Patterson There's plenty of room for all of God's creatures. Right next to the mashed potatoes. |
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