Explain the concept of Corporate Personhood and Piercing the Corporate Veil (lifting the corporate veil).

Please find the blow qeustions’s anwser from Power Point and answer them

Questions for CP1
Explain the concept of Corporate Personhood and Piercing the Corporate Veil (lifting the corporate veil).
What have been the consequences of piercing the corporate veil?
There are other forms of business organization in which there is no legal distinction between members of the organization and the organization itself meaning the members are the organization and vice versa. What are some examples of such forms of business organization? Hint: read the forms of business organization on my slides.
What is the Shareholder Primacy Ideology (SPI) and what are the assumptions made to justify SPI? Why are those assumptions not valid?
What are the problems that have arisen from rewarding CEOs with stock-based compensation such as stock awards or options?
Explain how we value an asset in finance.
Identify and explain the three important decisions that a finance manager needs to make.

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