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Encyclopedia > Corporate America

Corporate America is an informal phrase describing both the independent for-profit and independent non-profit world of corporations within the United States not under government ownership. Its neutral connotations imply competition and individualism. Its positive connotations imply a liberal and productive capitalist free-market society that creates wealth, directly and indirectly lifts the people's standard of living, rewards individual ability, and provides a ladder to financial success. A corporation (usually known in the United Kingdom and Ireland as a company) is a legal entity (distinct from a natural person) that often has similar rights in law to those of a Civil law systems may refer to corporations as moral persons; they may also go by the name... It has been suggested that Definitions of capitalism be merged into this article or section. ...


While "Corporate America" is commonly used interchangeably with the phrase "Wall Street", it is also sometimes used in contrast, as when distinguishing the interests, culture, and lifestyles of major Fortune 500 industrial or service corporations from those of investment banks. In this contrast, Corporate America is usually cast as more secure, less cut-throat, but also less remunerative to the employee. Elaborate marble facade of NYSE as seen from the intersection of Broad and Wall Streets For other uses, see Wall Street (disambiguation). ... The Fortune 500 is a ranking of the top 500 United States corporations as measured by gross revenue. ... To meet Wikipedias quality standards, this article or section may require cleanup. ...


See also


  Results from FactBites:
 
Corporate America - Wikipedia, the free encyclopedia (220 words)
Corporate America is an informal phrase describing the business world of the United States.
Corporate America has completely forgotten that it exists at the pleasure of the people and can be written out of existence at the stroke of a pen : corporate charters are rescindable.
Looking at it from yet another perspective -- and considering the many recent scandals of corporate governess, epitomized by the ENRON scandal -- it is no longer necessary (if it ever was) to isolate stockholders from direct responsibilty (both criminal and financial) for the misdeeds of their managements.
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