features of conglomerate
characteristics of close corporation
Public corporations issue securities
Limited LiabilityStockholders, who are owners of the corporation, are not liable for its debts or acts. The premise of separate legal entity means that the no one represents or acts on behalf of the company as it represents itself. In instances where a corporation is being wound up, the shareholders are only liable up to the unpaid amounts of their shares.
A corporation can be defined as a firm that meets certain legal requirements to be recognized as having a legal existence, as an entity separate and distinct from its owners . Corporations are owned by their stockholders (shareholders ) who share in profits and losses generated through the firm's operations , and have three distinct characteristics
The equipment would become a fixed asset of the corporation.
A corporation may become so large through mergers and acquisitions that it becomes a conglomerate
A meta-conglomerate is a large corporation made up of multiple conglomerates and operating in diverse industries, while a conglomerate is a corporation that owns multiple smaller companies in different industries. Essentially, a meta-conglomerate is a conglomerate of conglomerates.
A conglomerate corporation is a corporation made up of a number of different companies that operate in diversified fields while a multinational corporation manages production or delivers services in more than one country. It can also be referred to as an international corporation. They are not precisely relevant to each other as a corporation may be both multinational and conglomerate.
media conglomerate
conglomerate
Panaonic
characteristics of close corporation
A conglomerate is a organisation / company which operates in many sectors, which have no apparent relation or business synergy among them. A good example of a conglomerate would be the Japanese Matsushita Corporation. For a conglomerate to be termed global, a substantial portion of the turnover and the profits o f the conglomerate should be derieved from global markets - i.e., outside the home market.
A conglomerate gets its name from the geological term "conglomerate," which refers to a rock consisting of individual stones cemented together. In business, a conglomerate is a large corporation consisting of diverse companies operating in various industries. The term reflects the diverse nature of the conglomerate's holdings and the way they are brought together under one corporate entity.
The Connecticut Post is located in Bridgeport, Connecticut and is owned and operated by the Hearst Corporation. The Hearst Corporation are a multinational corporate media conglomerate.
Oh, dude, it's like this - a conglomerate is a big ol' company that owns a bunch of different businesses in different industries, kind of like a buffet of companies. A multinational corporation, on the other hand, is a company that operates in multiple countries, spreading its influence like a global spider. So, like, one's all about variety in industries, and the other's all about racking up those frequent flyer miles.
BASF Corporation is the U.S. subsidiary of BASF Group, a German conglomerate based in Ludwigshafen