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These ownership shares are documented by stock certificates, which state the name of the owner and how many shares are owned.

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Money laundering, wire fraud, mail fraud, and securities fraud are just some of the indictments directors of Enron have faced and will continue to face as the investigation continues.

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Its advantage over other types of ownership is its flexibility in how profit and management authority are determined.

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Some business owners choose to create partnerships or limited liability companies instead of a corporation.

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A corporation issues ownership share to persons who invest money in the business.

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Fraud committed by corporations can be devastating, not only for outside investors who have made share purchases based on false information, but for employees who, through ks, have invested their retirement savings in company stock. This is also called massaging the numbers. Owners of a corporation are called stockholders because they own shares of stock issued by the corporation. If anything is left over after that, then that money is distributed to the common stockholders. This is called profit smoothing, income smoothing or just plain old window dressing. Posted on September 26, by tituitcom.

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