Corporations are legal entities that are separate from their owners, created to conduct business and provide goods or services while limiting personal liability. This structure allows corporations to raise capital more easily through the sale of stock and facilitates large-scale operations, making them a critical player in the economy. They can operate across borders, engaging in international trade and investments, thus having a significant impact on the global financial landscape.
congrats on reading the definition of Corporations. now let's actually learn it.