1. corporation - Noun
2. Corporation - Proper noun
A body politic or corporate, formed and authorized by law to act as a single person, and endowed by law with the capacity of succession; a society having the capacity of transacting business as an individual.
Source: Webster's dictionaryA corporation is a living organism; it has to continue to shed its skin. Methods have to change. Focus has to change. Values have to change. The sum total of those changes is transformation. Andy Grove
The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself. John Kenneth Galbraith
The notion of a formal structure of command must be abandoned. It is more useful to think of the mature corporation as a series of concentric circles. John Kenneth Galbraith
The massive reduction in risk that is inherent in the development of the modern corporation has been far from fully appreciated. John Kenneth Galbraith
Nothing in our time is more interesting than the erstwhile capitalist corporation and the erstwhile Communist firm should, under the imperatives of organization, come together as oligarchies of their own members. John Kenneth Galbraith
The myth that holds that the great corporation is the puppet of the market, the powerless servant of the consumer, is, in fact one of the devices by which its power is perpetuated. John Kenneth Galbraith