The Corporations Rise to Dominance – Meg Pearce (20951578) This article explores the key changes in corporations from the 16th century to today. The separation of ownership and management as an initial result of corporations provided abundant opportunities for corruption. 1710 saw the collapse of the South Sea Company, as a result of an exclusive trade with South America that promised profits, but as stocks plummeted, proved the company was worthless, which is why in 1776 in England; corporation…
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