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Depending on your definition of corporation, you could claim that Venice and other merchant cities of Italy were akin to corporations. Guilds could well be said to have been pseudo corporations and the Templar orders a pseudo-bank. Corporations allow for a united front against competition, taxes, and a sharing of profits. The Merchant Adventurers of ...


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The earliest instance of a "corporation" as we recognize them today has to be the Dutch East India Company which was established in 1602. The Dutch East India Company was the first to issue shares that were tradeable on a stock exchange in its company in part to raise capital for its operations. At the time of its founding similar trading companies focused ...


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The word "corporation" originates from Ancient Rome. Ancient Rome had special laws concerning the creation of corporations. Under the republic the creation of corporations was free, but starting from the reign of Augustus, only the Senate could approve the creation of new corporations. A Roman corporation was unlike the modern ones. It was more like a ...


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The 1929 stock market crash (and the excesses, bordering on illegality that led to it) led to the creation of the Securities and Exchange Commission in 1934, following the onset of the Great Depression in the early 1930s. http://en.wikipedia.org/wiki/U.S._Securities_and_Exchange_Commission There were Congressional acts, those of 1933 and 1934 that changed ...


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The Church adapted it from Roman law: "Christianity at its very beginning, found the concept of the corporation well developed under Roman law and widely and variously organized in Roman society. It was a concept that the early Christians soon adapted to their organization and, as a means of protection in the periods of persecution. Whether we attach to the ...



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