answersLogoWhite

0


Best Answer

That would depend on the contract that you signed to start the business. If you said you were going to work and aren't you might have a problem, otherwise nothing compelling you to do so. But I would think that I you want your investment to grow or at least not lose money you would do what you could to make that happen including working there. If you were taken to court the judge might think pretty low of you, but I don't see how someone could force you to work.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: As one of three shareholders in an incorportated business is one obligated to work in this business?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are three legal controls that affect the way in which business operate?

government,shareholders and the managers


What are the three relations between management and shareholders?

Shareholders of a corporation are the owners of the company. Management are responsible for the day to day running of the company. Management is responsible for making money for the shareholders by keeping the company's operations efficient.


Did King David write a prayer?

King David wrote the book of Psalms. Many of the Psalms are incorportated into the daily and sabbath prayers.


What do you mean by maximizing value of the shareholder?

This management principle, also known undervalue based management, states that management should first and foremost consider the interests of shareholders in its business decisions. Although this is built into the legal premise of a publicly traded company, this concept is usually highlighted in opposition to alleged examples of CEO's and other management actions which enrich themselves at the expense of shareholders. Examples of this include acquisitions which are dilutive to shareholders, that is, they may cause the combined company to have twice the profits for example but these might have to be split amongst three times the shareholders.


What is the difference between a charity and a PLC?

they have different objectives (plc - make profit, charity - help others)plcs owned by shareholders but charity's are owned by and controlled by trustees who volunteercharities dont have to pay business costshope those three were ok :)


The three main elements that must be met before funds are obligated are?

Purpose, time, and amount


What are the three kinds of business?

Three kinds of business are:Sole properietorshipPartnershipCorporation


What are the difference between ordinary share holder and preference share holder?

The three biggest difference between common and preferred shares are: 1) Preferred shareholders take priority over common shareholders in the event of a company is liquidated. 2) Preferred shareholders typically have more voting rights than common shareholders. 3) Preferred shares typically pay higher dividends than common shares.


How often are dividends paid?

Dividends are paid to shareholders by three types. They can either be paid annually, or biannually, or on quarterly basis.


What is the Shareholder wealth definition?

Any business has three levels of value definition - value defined by shareholders, customers and employees/partnership. Shareholder value is the primary value component no business can survive without and provides for the long term agility of an organization. Customers provide medium term liquidity and employees the operational cash flow to ensure the continued operation of an enterprise. Shareholders create wealth by creating business units and setting expectations of the return that can be gained by each business unit. Shareholders determine where and how they will invest their money. These decisions are made by determining the return on investment that will be delivered a particular business model. The return on development is decided by understanding market sentiment, investment risk and appointing the correct management to the business. Wealth creation includes the decision making processes of whether a business unit grows organically or through acquisition. The scope of a business is determined in terms of what elements of the total value chain will be covered by the business. It is critical to deploy business processes that facilitate accurate communication between shareholders and the business units they invest in. Even non-profit organization and government organization have shareholders in terms of either their members or the citizens of a country. If the shareholder does not perceive any value from an enterprise the enterprise will start with its slow death. Major pressure has mounted on IT divisions to accurately report the current state of the business to shareholders. However there is still limited information being generated to assist the business to identify and explore value creation opportunities from a shareholder perspective. Enterprise architects view the world from an enterprise perspective and must ultimately measure their enterprise architecture against the change in wealth creation. Although it is not always possible to directly relate each IT component directly to wealth creation. The Enterprise architect must however view the enterprise's ability to create wealth as an emerging quality that reflects the quality of the architecture that is operating within the enterprise.


Three dimensions to business problems?

The three dimensions to business problems are organization, technology, and people.


What are the characteristics of the three legal forms of business organization?

characterstics three forms of business organzation