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Бизнес курс английского языка.


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Выпуск 5.

 

 

 

 

 

 

 

CORPORATIONS

Text

A business corporation is an institution established for the purpose of making profit. It is operated by individuals. Their shares of ownership are represented by stock certificates. A person who owns a stock certificate is called a stock-holder.

There are several advantages of the corporate form of ownership. The first is the ability to attract financial resources. The next advantage is the corporation attracts a large amount of capital it can invest it in plants, equipment and research. And the third advantage is that a corporation can offer higher salaries and thus attract talented managers and specialists.

The privately owned business corporation is one type of corporation. There are some other types too. Educational, religious, charitable institutions can also incorporate. Usually such corporation does not issue stock and is nonprofit. If there is a profit it is reinvested in the institution rather than distributed to private stockholders.

In some western countries, cities, states,, federal government and special agencies can establish governmental corporations. A few examples of these governmental corporations are state universities, state hospitals and city owned utilities. Governmental corporations are non-profit as a rule and usually they do not issue stock certificates.

 

 

Active Vocabulary

corporation

корпорация

to establish

Учреждать

Stock certificate

Акция

Stockholder (shareholder)

Акционер, держатель акций

to attract financial resources

привлекать финансовые ресурсы

to offer high salaries

предлагать высокие зарплаты

to attract a large amount of capital

привлекать большой капитал

educational, religious, charitable institutions

образовательные, религиозные, благотворительные учреждения

to issue stock

выпускать акции

nonprofit

неприбыльный

to reinvest

вкладывать еще раз

 

 

 

 

 

 

Для писем.

 

 

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Бизнес курс английского языка.
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