4 sentences with 'corporation'
Example sentences and phrases with the word corporation and other words derived from it.
Brief definition: corporation
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In 1602, Dutch merchants with the support of the state created the world's first corporation: the Dutch East India Company (VOC in its Dutch acronym).
The result was that the English East India Company, a private corporation backed by the British state, controlled almost the entire Indian subcontinent by the mid-19th century.
In this novel business arrangement, which was in many ways the forerunner of the modern corporation, investors provided the capital and assumed the risk of an enterprise for significant profits.
The Spanish crown, especially under a branch of the Bourbon royal family that became the royal dynasty of Spain in 1700, exercised direct control over colonial trade and taxation (rather than relying on a corporation as did the Dutch and English).
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