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What Purpose Does the Corporate Form Serve? [No. 86]
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Corporate Law [Course] [No. 86] - What Purpose Does the Corporate Form Serve? [No. 86]

Explore the Core of Corporate Law: Unravel the Purpose, Existence, and Legalities Behind Corporations with The Federalist Society. Dive into Fiduciary Duties, Limited Liability, and Essential Court Dynamics. Join us to decode the pillars of corporate structure!

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22 learners

What you'll learn

Understand the purpose and role of the corporate form in society
Identify reasons for the existence of corporations and their economic impact
Differentiate between transactional law and litigation in the context of corporate operations
Recognize the significance of fiduciary duties for corporate executives

This course includes

  • 41 min of video
  • Certificate of completion
  • Access on mobile and TV

Summary

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Full Transcript

Professor Sean Griffith explains that the corporate form comes in lots of shapes and sizes. Corporations often evolve over time to answer different problems or provide different services. When discussing the purpose of corporations, it’s important to keep in mind that not all corporations are giant, publicly traded entities. Corporations, in the most basic form, are a collaboration to solve a problem. Professor Sean J. Griffith holds the T. J. Maloney Chair in Business Law at Fordham University School of Law. Professor Griffith is also the Director of the Fordham Corporate Law Center. As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker. Subscribe to the series’ playlist: #law #corporatelaw #no86

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