korporácie

Korporácie, often referred to as corporations, are legal entities separate and distinct from their owners. This separation means a corporation can enter into contracts, own assets, sue and be sued in its own name. The ownership of a corporation is typically divided into shares of stock, and shareholders are generally not personally liable for the corporation's debts or obligations, a concept known as limited liability.

The formation of a corporation involves a formal legal process, usually requiring registration with a government authority. Corporations can range in size from small, closely held businesses to massive multinational enterprises. They are a dominant form of business organization in many economies, playing a significant role in employment, innovation, and economic activity. Management is typically vested in a board of directors elected by the shareholders, who in turn appoint officers to run the day-to-day operations. The primary goal of most for-profit corporations is to generate profits for their shareholders.