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Week 9 discusssions

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Week 9 discusssions
Evaluate the threats to public companies identified in The Economist Special Report (19-May-2012.) How serious is this threat? Will limited liability companies survive? Do they deserve to survive?
The IPO crisis has coincided with a boom in other corporate life forms. Alternative to public companies are prevalent. Public companies have got worse at managing their problems. The split between the people who own the company (principals) and those who run it (agents). The rise of new economic powers has further changed corporate organization. The most serious challenge to SOEs comes from family-controlled conglomerates. Families exercise tight control over their business and limit the power of its shareholders.
The second problem is regulation. Public companies have always had to put up with more regulation than private ones because they encourage ordinary people to risk their capital. But the regulatory burden has become heavier, especially after the 2007-08 financial crisis.
LLC’s deserve a chance at survival. Most of the theses companies are responsible for creating jobs, they are innovative and often fill a much needed niche and help to restore and develop areas big business often overlook such as smaller neighborhood corner stores and markets.

Did nineteenth century railroads meet Hooker's tests in asserting corporate rights under the Fourteenth Amendment to the Constitution of the United States? Give reasons for your opinions and reactions.
Constitutional Law courses in law schools teach that the Fourteenth Amendment defines the limit beyond which state legislation may not impinge on property rights. The Fourteenth Amendment offered an opportunity to advance corporate interests, and the corporate attorneys set out to exploit it. The scope of the Fourteenth Amendment to secure the political rights of former slaves was so restricted by the Supreme Court that blacks won only one case. The expansive view of the Fourteenth Amendment that comes down to

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