|
Political Factoid
The fundamental characteristic
-- indeed, the very purpose --
of a corporation is:
to avoid liability, accountability, and significant personal risk.*
| Who |
Liability |
Accountability |
Personal Risk |
| Owner(s) / Shareholders |
None |
None |
Limited to initial investment |
| Investors |
None |
None |
Limited to initial investment |
| Directors |
None |
Virtually None |
Cushy part-time job |
| Executives |
Virtually None |
Very limited |
Inflated compensation package |
|
|
-30-
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