Corporation

an institution that is granted a charter recognizing it as a separate legal entity having its own privileges, and liabilities distinct from those of its members.[1] There are many different forms of corporations, most of which are used to conduct business. http://en.wikipedia.org/wiki/Corporation

see: Business Structure (for subtypes), BigCo, SmallCo, Start Up

In theory its value is driven by the time-discounted likely-future stream of Pro Fit.

  • QualityOfEarnings analysts look at where Profits come from to see whether they are likely to continue in the future.
    • ThorntonOGlove book ISBN:0684863758
    • Lots of companies "ManageEarnings" by manipulating their financials. This works in the short-term.

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