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The New York Stock Exchange (headquarters pictured) is the major center for listing and trading shares in United States. Most corporations are, however, incorporated under the influential Delaware General Corporation Law. United States corporate law regulates the governance, finance and power of corporations in US law.
In the late 19th century, state governments started to adopt more permissive corporate laws. [3] In 1896, New Jersey was the first state to adopt an "enabling" corporate law, with the goal of attracting more business to the state. [3] As a result of its early enabling corporate statute, New Jersey was the first leading corporate state. [3]
The United States, and a few other common law countries, split the corporate constitution into two separate documents (the UK got rid of this in 2006). The memorandum of association (or articles of incorporation ) is the primary document, and will generally regulate the company's activities with the outside world.
Corporate raids became a hallmark of investors in the 1970s and 1980s, particularly highlighted by the public suicide of Eli Black.Among the most notable corporate raiders of the 1970s and 1980s were Louis Wolfson, Carl Icahn, Victor Posner, Meshulam Riklis, Nelson Peltz, Robert M. Bass, T. Boone Pickens, Paul Bilzerian, Harold Clark Simmons, Kirk Kerkorian, James Goldsmith, Saul Steinberg and ...
This is a chronological, but still incomplete, list of United States federal legislation. Congress has enacted approximately 200–600 statutes during each of its 119 biennial terms so more than 30,000 statutes have been enacted since 1789.
American business history is a history of business, entrepreneurship, and corporations, together with responses by consumers, critics, and government, in the United States from colonial times to the present. In broader context, it is a major part of the Economic history of the United States, but focuses on specific business enterprises.
Standard Oil (Refinery No. 1 in Cleveland, Ohio, pictured) was a major company broken up under United States antitrust laws.. The history of United States antitrust law is generally taken to begin with the Sherman Antitrust Act 1890, although some form of policy to regulate competition in the market economy has existed throughout the common law's history.
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