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...What should be the goal of the business corporation?...
...Other carmakers, including Nissan and Toyota Motor Corporation, also announced strong US sales in November....
...After he stepped down, managing big global corporations became a lot more complex....
...Related links: The DTA dodge - FT Alphaville The Deferred Tax Asset Disaster – FT Alphaville Citi and some capital dilemmas – FT Alphaville The rise of deferred tax assets in Japan – University of Chicago...
...According to Madoff, there were rich clients on both sides of the Atlantic eager to use his services to dodge local regulations....
...They range from the small – such as the dozens of restaurants around Chicago that now sport signs claiming “Barack Obama ate here” – to multinational corporations....
...“As a business, it’s still very solid,” says Tim Frost, a Chicago-based motorsports consultant....
...The Michigan Supreme Court slapped him down, finding in favour of the Dodges. “A business corporation is organised and carried on primarily for the profit of the stockholders,” the court said....
...“A share of stock does not confer ownership of the underlying assets owned by the corporation....
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