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De Jure Corporation

Definition

De facto corporation and corporation by estoppel are both terms that are used by courts in most common law jurisdictions to describe circumstances in which a business organization that has failed to become a de jure corporation will nonetheless be treated as a corporation, thereby shielding shareholders from liability.

What is 'De Jure Corporation'

A business that has fulfilled its requirements for formation according to the regulations for earning a state charter. De jure, meaning "a matter of law," indicates that the company has been fully and legally chartered, and is therefore entitled to do business. A government's granting of a charter assumes that the de jure corporation will remain in compliance; however, while unusual, certain circumstances may lead to the revocation of the charter.

Explaining 'De Jure Corporation'

A de jure corporation is one that is lawfully chartered by a state government, and is recognized as a corporation for all purposes. Du jure is opposed to de facto, which connotes "as a matter of practice not founded on law." A de facto corporation generally acts in good faith but has failed to comply with the technical requirements for becoming a de jure corporation.


Further Reading


Ensuring more sustainable reporting in Europe using non-financial disclosure—De facto and de jure evidence
www.mdpi.com [PDF]
… Sustainable Reporting in Europe Using Non-Financial Disclosure—De Facto and De Jure Evidence … Giovanni Paolo II, 132, 84084 Fisciano (SA), Italy. 2. Faculty of Economics and Business … risk disclosure is focused on financial risk information and that corporate risk reporting is …

De jure interstate banking: Why only now?De jure interstate banking: Why only now?
www.jstor.org [PDF]
… Sustainable Reporting in Europe Using Non-Financial Disclosure—De Facto and De Jure Evidence … Giovanni Paolo II, 132, 84084 Fisciano (SA), Italy. 2. Faculty of Economics and Business … risk disclosure is focused on financial risk information and that corporate risk reporting is …

Reducing cyber harassment through Reducing cyber harassment through
www.inderscienceonline.com [PDF]
… Sustainable Reporting in Europe Using Non-Financial Disclosure—De Facto and De Jure Evidence … Giovanni Paolo II, 132, 84084 Fisciano (SA), Italy. 2. Faculty of Economics and Business … risk disclosure is focused on financial risk information and that corporate risk reporting is …

Financial regulation, financial globalization, and the synchronization of economic activityFinancial regulation, financial globalization, and the synchronization of economic activity
onlinelibrary.wiley.com [PDF]
… Sustainable Reporting in Europe Using Non-Financial Disclosure—De Facto and De Jure Evidence … Giovanni Paolo II, 132, 84084 Fisciano (SA), Italy. 2. Faculty of Economics and Business … risk disclosure is focused on financial risk information and that corporate risk reporting is …

Corporate governance in the Asian financial crisisCorporate governance in the Asian financial crisis
www.sciencedirect.com [PDF]
… Sustainable Reporting in Europe Using Non-Financial Disclosure—De Facto and De Jure Evidence … Giovanni Paolo II, 132, 84084 Fisciano (SA), Italy. 2. Faculty of Economics and Business … risk disclosure is focused on financial risk information and that corporate risk reporting is …

Corporate governance in India-evolution and challengesCorporate governance in India-evolution and challenges
papers.ssrn.com [PDF]
… Sustainable Reporting in Europe Using Non-Financial Disclosure—De Facto and De Jure Evidence … Giovanni Paolo II, 132, 84084 Fisciano (SA), Italy. 2. Faculty of Economics and Business … risk disclosure is focused on financial risk information and that corporate risk reporting is …

Who participates in de jure standard setting in Japan? The analysis of participation costs and benefitsWho participates in de jure standard setting in Japan? The analysis of participation costs and benefits
www.tandfonline.com [PDF]
… Sustainable Reporting in Europe Using Non-Financial Disclosure—De Facto and De Jure Evidence … Giovanni Paolo II, 132, 84084 Fisciano (SA), Italy. 2. Faculty of Economics and Business … risk disclosure is focused on financial risk information and that corporate risk reporting is …


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