Corporation

Identifying and definitional attributes

Metadata item type:Glossary Item
METeOR identifier:354894
Registration status:Community Services (retired), Standard 30/11/2007
Definition:

A corporation is a legal entity that:

  • is created for the purpose of producing goods and services for the market
  • may be a source of profit or other financial gain to its owner(s)
  • is collectively owned by shareholders who have the authority to appoint directors responsible for its general management.

Source and reference attributes

Origin:

Standard Economic Sector Classifications of Australia (SESCA 2002). Canberra: Australian Bureau of Statistics.

Reference documents:

Reference online through:

Standard Economic Sector Classifications of Australia (SESCA)

Relational attributes

Metadata items which use this glossary item:

Service provider organisation—corporation indicator, yes/no code N Community Services (retired), Standard 30/11/2007