Corporate Power: International Management

Essay by schenk83College, UndergraduateA, October 2007

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Corporate Power

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Table of Contents

2Table of Contents �

3Abstract �

4Corporate Basics �

4Modern Day Corporations �

5Corporate Personhood �

6Public View of Corporations �

7Women and Corporations �

9Corporate Reform �

11Corporate Compensation �

12Conclusions �

16Works Cited �

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Abstract

Throughout this paper I will explore various aspects of corporate America, including some specifics of a modern day corporation and the idea of corporate personhood. Secondly I will look at the way the public views corporations. Additionally I will look into the topic of women in the corporate world and corporate reform.

While there are many opposing views to the idea of powerful corporations and the chief executives behind them, I will show both sides of the corporate face and explain my stance of the topic. The goal of this paper is to answer the question of where corporations stand today, whether they are too powerful and in need of reform.�

Corporate Basics

Modern Day Corporations

In the last twenty-five years there has been a sharp upsurge in both corporate risk-taking as well as corporate demand for immunity from uncertainty.

These giants have reshaped both Main Street and global commerce by practically eliminating all local mom and pop shops and forming massive multinational firms, such as the telecom companies throughout the world. Their size often gives them the power to dictate to the government as well as manipulate their suppliers. A prime example of this is Wal-Mart, a company selling millions of products at low prices. This corporation has so much buying power that they have often forced their suppliers into selling them products below cost.

The global corporations of today stand as the dominant institutional force at the center of human activity. "Through their market power, billions of dollars in campaign contribution, public...