corporate structure
Business chain of command
Corporate structure is how a company organizes its ownership, management, and operations.
It defines the hierarchy of authority, the relationships between departments, and the legal framework governing the business—whether a sole proprietorship, partnership, LLC, or corporation.
The corporate structure determines who reports to whom and how decisions get made.
- board of directorsGoverning body of organization
- board meetingFormal executive gathering
- bylawsOrganization's internal regulations
- shareholdersOwners of company stock
- CEOTop corporate officer
incorporation · mission statement · legal entity · limited liability · finance department · fiduciary duties · policies · manager · org chart · organizational chart · flat hierarchy · employee · supervisor · human resources · executives · acquisition · downsizing · headquarters
- organizationteam, group, company, department, club
- workplace culturework hours, teamwork, dress codes, leadership, meetings
- Corporate Termssubsidiary, CFO, affiliate, division, merger
- corporate taxtaxable income, tax liability, tax rates, tax base, tax return
- incorporationarticles of incorporation, incorporator, incorporation, incorporators, registered agent
- governancegovernance, government, democracy, vote, parliament
corporate structurecollective
Jointly organized group
cooperative · worker cooperative · peer network · grassroots organization · adhocracy
corporate structureworker cooperative
Firm owned by its labor force
cooperative · partnership · sole proprietorship · kibbutz · commons