Concept information
Preferred term
corporation theory
Definition
- Legal personality, derived from the Roman legal term persona, refers to the ability (assigned by the legal order) to hold assets, rights, and duties. It is a central foundational component of modern private law. [Source: Encyclopedia of Political Theory; Corporation Theory]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/corporation_theory
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