by TheBusinessProfessor | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is business governance? Business governance concerns the actions and controls placed on those charged with managing a business entity. Business governance is the subject of extensive legislation and research, particularly as it pertains to the corporate entity...
by TheBusinessProfessor | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
[cite] Back To: Business Entities What is a non-profit? A non-profit is a business with a mission that qualifies for special tax treatment under the IRC and state revenue codes. The mission must be to undertake a task that the government deems a public necessity or...
by TheBusinessProfessor | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
[cite] Back To: Business Entities What are business entities? Business entities are legal organizations that exist by virtue of state law. One way to view a business entity is as a separate person. The business entity carries on business activity on its own behalf....
by TheBusinessProfessor | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
[cite] Back To: Business Entities In this article we explore the sole proprietorship and its characteristics as a business entity. Many people do not think of or recognize the sole proprietorship as a form of business entity. This is primarily because the boundary...
by TheBusinessProfessor | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
[cite] Back To: BUSINESS ENTITIES, CORPORATE GOVERNANCE, & OWNERSHIP Nomination Committee Definition A nomination committee is a select group of directors on a corporate board charged with identifying nominees for election to the board. The roles and...
by TheBusinessProfessor | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
[cite] Back To: BUSINESS ENTITIES, CORPORATE GOVERNANCE, & OWNERSHIP What is the process to convert from one entity status to another? The answer depends upon the technique used to convert and the type of entity from which the business is converting. With the...
