entrepenuer
entrepenuer
Stockholders
Ultimately, the Board of Directors decides how profits should be spent in a corporation.
A domestic profit corporation is one that aims to generate profits for it's shareholders more so than it's directors or officers. Shareholders have control by electing the directors and officers who run the business day to day.
It's not they they are intended to not generate profits. It's that they don't generally pay taxes on their profits. Non profits generate income through a variety of sources including contributions, grants and program fees.
Stockholder.
dividends
Stockholder.
Stockholder.
The corporation announced record profits for the fiscal quarter.
TTI primarily produces hardware that is used in construction and home improvement projects. They manufacturer the Ryobi brand of products that generate several million dollars in profits annually.
The goal of a corporation is to maximize profits. Furthermore, the goal of a publicly traded corporation is to maximize value for its shareholders.