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165-870: Cargill, Incorporated is an American multinational food corporation based in Minnetonka , Minnesota , and incorporated in Wilmington, Delaware . Founded in 1865 by William Wallace Cargill , it is the largest privately held company in the United States in terms of revenue. Some of Cargill's major businesses are trading, purchasing and distributing grain and other agricultural commodities , such as palm oil ; trading in energy, steel and transport; raising livestock and production of feed ; and producing food ingredients such as starch and glucose syrup , vegetable oils and fats for application in ultra-processed foods and industrial use. Cargill also has
330-655: A famine between 1930 and 1933 that killed millions. The Soviet forced labour camp system of the Gulag was expanded. During the late 1930s, Stalin's government conducted the Great Purge to remove opponents, resulting in mass death, imprisonment, and deportation. In 1939, the USSR and Nazi Germany signed a nonaggression pact , but in 1941, Germany invaded the Soviet Union in the largest land invasion in history, opening
495-492: A separate legal person was mainly administrative, as a unified entity under which the rights and duties of all investors and managers could be channeled. However, there was still no limited liability and company members could still be held responsible for unlimited losses by the company. The next, crucial development, then, was the Limited Liability Act 1855 , passed at the behest of the then Vice President of
660-512: A $ 25 million investment in Puris, a supplier of pea protein used in Beyond Meat products. In 2019, Cargill invested an additional $ 75 million. On April 8, 2020, Cargill closed its Hazleton, Pennsylvania meatpacking facility because "an unspecified number of Cargill employees at the plant [had] tested positive for COVID-19." The county had the "highest number of confirmed cases of COVID-19 in
825-496: A biotech specialist at Cargill had pleaded guilty to stealing information from Cargill and Dow AgroSciences . Kexue Huang, a Chinese national, was discovered to be passing trade secrets back to China. In November 2011, Cargill completed the acquisition of Provimi , a global animal nutrition company for €1.5 billion ($ 2.1 billion US). On April 1, 2012, Cargill completed a purchase of a cat and dog food plant in Emporia, Kansas . It
990-400: A charter granted by the government. As explained above, such charters were often enacted as private bills . Today, a corporation is formed, or incorporated , by registering with the state, province, or national government and regulated by the laws enacted by that government. Registration is the main prerequisite to the corporation's assumption of limited liability. The law sometimes requires
1155-541: A closer relationship with France and Britain. In 1939, half a year after the Munich Agreement , the USSR attempted to form an anti-Nazi alliance with France and Britain. Adolf Hitler proposed a better deal, which would give the USSR control over much of Eastern Europe through the Molotov–Ribbentrop Pact . In September, Germany invaded Poland, and the USSR also invaded later that month, resulting in
1320-489: A corporation are typically controlled by individuals appointed by the members. In some cases, this will be a single individual but more commonly corporations are controlled by a committee or by committees. Broadly speaking, there are two kinds of committee structure. In countries with co-determination (such as in Germany ), workers elect a fixed fraction of the corporation's board. Historically, corporations were created by
1485-436: A corporation as: a collection of many individuals united into one body, under a special denomination, having perpetual succession under an artificial form, and vested, by the policy of the law, with the capacity of acting, in several respects, as an individual, particularly of taking and granting property, of contracting obligations, and of suing and being sued, of enjoying privileges and immunities in common, and of exercising
1650-439: A corporation; shareholders instead elect or appoint a board of directors to control the corporation in a fiduciary capacity. In most circumstances, a shareholder may also serve as a director or officer of a corporation. Countries with co-determination employ the practice of workers of an enterprise having the right to vote for representatives on the board of directors in a company. The word "corporation" derives from corpus ,
1815-660: A decades-long feud with the Chicago Board of Trade . It began in 1934 when the Board denied membership to Cargill. The US government overturned the Board's ruling and forced it to accept Cargill as a member. The 1936 corn crop failed and with the 1937 crop unavailable until October, the Chicago Board of Trade ordered Cargill to sell some of its corn. Cargill refused to comply. The US Commodity Exchange Authority and Chicago Board of Trade accused Cargill of trying to corner
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#17327722149501980-424: A distinct name. Historically, some corporations were named after the members of their boards of directors: for example, the " President and Fellows of Harvard College " is the name of one of the two governing boards of Harvard University , but it is also the exact name under which Harvard was legally incorporated. Nowadays, corporations in most jurisdictions have a distinct name that does not need to make reference to
2145-746: A fallout from the financial crash of 1920, Cargill posted its first loss. Cargill opened its first Canadian operations in Montreal in 1928 as Cargill Grain Company Ltd. Headquartered in Winnipeg , it employs up to 8,000 people in Canada. One of the biggest criticisms of Cargill has been its perceived arrogance (see, for example, Brewster Kneen in the Ecologist and also Greg Muttitt in the same journal). The MacMillans' aggressive management style led to
2310-610: A grain-flat house in Conover , Iowa . A year later William was joined by his brother Sam, forming W. W. Cargill and Brother. Together, they built grain flat houses and opened a lumberyard. In 1875, Cargill moved to La Crosse , Wisconsin , and their brother James joined the business. La Crosse was strategically located on the Mississippi near the junctions of the La Crosse River, Dubuque, and Southern Minnesota divisions of
2475-519: A greater union which he initially named as the Union of Soviet Republics of Europe and Asia (Russian: Союз Советских Республик Европы и Азии , romanized : Soyuz Sovyetskikh Respublik Evropy i Azii ). Joseph Stalin initially resisted Lenin's proposal but ultimately accepted it, and with Lenin's agreement he changed the name to the Union of Soviet Socialist Republics (USSR), although all republics began as socialist soviet and did not change to
2640-678: A joint venture to take over their U.K. fresh poultry businesses, Avara Foods , employing 6,000 people. In February 2018, Cargill completed the purchase of Pro Pet, a pet food manufacturing company. Pro Pet had three manufacturing facilities, one in Owatonna, Minnesota , one in Kansas City, Kansas , and one in St. Marys, Ohio . In November 2018, Cargill sold its 13 crop input locations in Ontario , Canada to La Coop Fédérée . In 2018, Cargill made
2805-626: A large financial services arm, which manages financial risks in the commodity markets for the company. In 2003, it split off a portion of its financial operations into Black River Asset Management , a hedge fund with about $ 10 billion of assets and liabilities. It previously owned two-thirds of the shares of The Mosaic Company (sold off in 2011), a producer and marketer of concentrated phosphate and potash crop nutrients. Cargill reported gross revenues of $ 165 billion in 2022. It last reported net profit earnings in 2021, of just below $ 5 billion. Employing over 160,000 employees in 66 countries, it
2970-597: A new profitable market. In the late 1920s and early 1930s, Stalin ordered Marxist-Leninist parties across the world to strongly oppose non-Marxist political parties, labour unions or other organizations on the left, which they labelled social fascists . In the usage of the Soviet Union, and of the Comintern and its affiliated parties in this period, the epithet fascist was used to describe capitalist society in general and virtually any anti-Soviet or anti-Stalinist activity or opinion. Stalin reversed himself in 1934 with
3135-537: A partnership arose. Early guilds and livery companies were also often involved in the regulation of competition between traders. Dutch and English chartered companies, such as the Dutch East India Company (also known by its Dutch initials: VOC) and the Hudson's Bay Company , were created to lead the colonial ventures of European nations in the 17th century. Acting under a charter sanctioned by
3300-490: A partnership or some other form of collective ownership (in the United States it can be used by a sole proprietorship but this is not generally the case elsewhere). Despite not being human beings, corporations have been ruled legal persons in a few countries, and have many of the same rights as natural persons do. For example, a corporation can own property, and can sue or be sued for as long as it exists. Corporations can exercise human rights against real individuals and
3465-481: A private act to allow an individual to represent the whole in legal proceedings, this was a narrow and necessarily costly expedient, allowed only to established companies. Then, in 1843, William Gladstone became the chairman of a Parliamentary Committee on Joint Stock Companies, which led to the Joint Stock Companies Act 1844 , regarded as the first modern piece of company law. The Act created
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#17327722149503630-466: A proliferation of laws allowing for the creation of corporations by registration across the world, which helped to drive economic booms in many countries before and after World War I. Another major post World War I shift was toward the development of conglomerates , in which large corporations purchased smaller corporations to expand their industrial base. Starting in the 1980s, many countries with large state-owned corporations moved toward privatization ,
3795-631: A status that is retained by the Russian Federation . Covering a sixth of Earth's land surface, its size was comparable to that of North America . Two other successor states, Kazakhstan and Ukraine , rank among the top 10 countries by land area, and the largest country entirely in Europe, respectively. The European portion accounted for a quarter of the country's area and was the cultural and economic center. The eastern part in Asia extended to
3960-475: A union of equals, in practice the Soviet Union was dominated by Russians . The domination was so absolute that for most of its existence, the country was commonly (but incorrectly) referred to as 'Russia'. While the Russian SFSR was technically only one republic within the larger union, it was by far the largest (both in terms of population and area), most powerful, and most highly developed. The Russian SFSR
4125-958: A variety of political rights, more or less extensive, according to the design of its institution, or the powers conferred upon it, either at the time of its creation or at any subsequent period of its existence. Due to the late 18th century abandonment of mercantilist economic theory and the rise of classical liberalism and laissez-faire economic theory due to a revolution in economics led by Adam Smith and other economists, corporations transitioned from being government or guild affiliated entities to being public and private economic entities free of governmental directions. Smith wrote in his 1776 work The Wealth of Nations that mass corporate activity could not match private entrepreneurship, because people in charge of others' money would not exercise as much care as they would with their own. The British Bubble Act 1720s prohibition on establishing companies remained in force until its repeal in 1825. By this point,
4290-473: Is authorized to issue, and the names and addresses of directors. Once the articles are approved, the corporation's directors meet to create bylaws that govern the internal functions of the corporation, such as meeting procedures and officer positions. In theory, a corporation cannot own its own stock. An exception is treasury stock , where the company essentially buys back stock from its shareholders, which reduces its outstanding shares. This essentially becomes
4455-573: Is derived from the Russian word sovet (Russian: совет ), meaning 'council', 'assembly', 'advice', ultimately deriving from the proto-Slavic verbal stem of * vět-iti ('to inform'), related to Slavic věst ('news'), English wise . The word sovietnik means 'councillor'. Some organizations in Russian history were called council (Russian: совет ). In the Russian Empire ,
4620-444: Is generally limited to their investment. One of the attractive early advantages business corporations offered to their investors , compared to earlier business entities like sole proprietorships and joint partnerships , was limited liability. Limited liability separates control of a company from ownership and means that a passive shareholder in a corporation will not be personally liable either for contractually agreed obligations of
4785-655: Is his background, his education , his profession . These are the questions that will determine the fate of the accused. That is the meaning and essence of the Red Terror ." During his rule, Stalin always made the final policy decisions. Otherwise, Soviet foreign policy was set by the commission on the Foreign Policy of the Central Committee of the Communist Party of the Soviet Union , or by
4950-447: Is limited: one can only collect from whatever assets the entity still controls when one obtains a judgment against it. Corporate names are supposed to be unique to the jurisdiction in which the corporation is registered. Governments will not allow another corporation or any other kind of legal entity to register a name that is too similar to the name of an existing corporation. However, since "different states may register entities with
5115-525: Is responsible for 25% of all United States grain exports. The company also supplies about 22% of the United States domestic meat market, importing more products from Argentina than any other company, and is the largest poultry producer in Thailand . All the eggs used in American McDonald's restaurants pass through Cargill's plants. It is the only US producer of Alberger process salt, which
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5280-509: Is used in the fast-food and prepared food industries. Cargill has remained a family-owned business , as the descendants of the founder (from the Cargill and MacMillan families ) own over 90% of it. In January 2023, Brian Sikes was appointed to serve as president and CEO. He is the 10th CEO in Cargill's 158-year history. Cargill was founded in 1865 by William Wallace Cargill when he bought
5445-407: Is usually required to register with other governments as a foreign corporation and must formally appoint a registered agent to accept service of process within such other jurisdictions. A foreign corporation is almost always subject to the laws of its host state pertaining to external affairs such as employment , crimes , contracts , civil actions , and the like. Corporations generally have
5610-794: The Chicago, Milwaukee and St. Paul Railroad . Sam Cargill left La Crosse in 1887 to manage the office in Minneapolis , an important emerging grain center. Three years later, the Minneapolis operation incorporated as Cargill Elevator Co.; some years after that the La Crosse operation incorporated as W. W. Cargill Company of La Crosse, Wisconsin. In 1898, John H. MacMillan Sr., and his brother, Daniel, began working for W. W. Cargill. MacMillan then married William Cargill's eldest daughter, Edna. Upon Sam Cargill's death in 1903, William Cargill became
5775-520: The Council of People's Commissars ), headed by the Chairman (Premier) and managing an enormous bureaucracy responsible for the administration of the economy and society. State and party structures of the constituent republics largely emulated the structure of the central institutions, although the Russian SFSR, unlike the other constituent republics, for most of its history had no republican branch of
5940-606: The Eastern Front of World War II . The Soviets played a decisive role in defeating the Axis powers , suffering an estimated 27 million casualties , which accounted for most Allied losses. In the aftermath of the war , the Soviet Union consolidated the territory occupied by the Red Army , forming satellite states , and undertook rapid economic development which cemented its status as a superpower . Geopolitical tensions with
6105-715: The Industrial Revolution had gathered pace, pressing for legal change to facilitate business activity. The repeal was the beginning of a gradual lifting on restrictions, though business ventures (such as those chronicled by Charles Dickens in Martin Chuzzlewit ) under primitive companies legislation were often scams. Without cohesive regulation, proverbial operations like the "Anglo-Bengalee Disinterested Loan and Life Assurance Company" were undercapitalized ventures promising no hope of success except for richly paid promoters. The process of incorporation
6270-755: The Land Forces , the Air Force , the Navy , Joint State Political Directorate (OGPU) and the Internal Troops . The OGPU later became independent and in 1934 joined the NKVD secret police, and so its internal troops were under the joint leadership of the defense and internal commissariats. After World War II, Strategic Missile Forces (1959), Air Defense Forces (1948) and National Civil Defense Forces (1970) were formed, which ranked first, third, and sixth in
6435-620: The Latin word for body, or a "body of people". By the time of Justinian (reigned 527–565), Roman law recognized a range of corporate entities under the names Universitas , corpus or collegium . Following the passage of the Lex Julia during the reign of Julius Caesar as Consul and Dictator of the Roman Republic (49–44 BC), and their reaffirmation during the reign of Caesar Augustus as Princeps senatus and Imperator of
6600-528: The Moscow State Institute of International Relations . The Marxist-Leninist leadership of the Soviet Union intensely debated foreign policy issues and changed directions several times. Even after Stalin assumed dictatorial control in the late 1920s, there were debates, and he frequently changed positions. During the country's early period, it was assumed that Communist revolutions would break out soon in every major industrial country, and it
6765-657: The Pacific Ocean to the east and Afghanistan to the south, and, except some areas in Central Asia , was much less populous. It spanned over 10,000 kilometres (6,200 mi) east to west across 11 time zones , and over 7,200 kilometres (4,500 mi) north to south. It had five climate zones: tundra , taiga , steppes , desert and mountains . The USSR, like Russia , had the world's longest border , measuring over 60,000 kilometres (37,000 mi), or 1 + 1 ⁄ 2 circumferences of Earth. Two-thirds of it
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6930-790: The Popular Front program that called on all Marxist parties to join with all anti-Fascist political, labour, and organizational forces that were opposed to fascism , especially of the Nazi variety. The rapid growth of power in Nazi Germany encouraged both Paris and Moscow to form a military alliance, and the Franco-Soviet Treaty of Mutual Assistance was signed in May 1935. A firm believer in collective security, Stalin's foreign minister Maxim Litvinov worked very hard to form
7095-457: The Registrar of Joint Stock Companies , empowered to register companies by a two-stage process. The first, provisional, stage cost £5 and did not confer corporate status, which arose after completing the second stage for another £5. For the first time in history, it was possible for ordinary people through a simple registration procedure to incorporate. The advantage of establishing a company as
7260-853: The Roman Army (27 BC–14 AD), collegia required the approval of the Roman Senate or the Emperor in order to be authorized as legal bodies . These included the state itself (the Populus Romanus ), municipalities, and such private associations as sponsors of a religious cult , burial clubs , political groups, and guilds of craftsmen or traders. Such bodies commonly had the right to own property and make contracts, to receive gifts and legacies, to sue and be sued, and, in general, to perform legal acts through representatives. Private associations were granted designated privileges and liberties by
7425-464: The Soviet Union , was a transcontinental country that spanned much of Eurasia from 1922 to 1991. During its existence, it was the largest country by area , extending across eleven time zones and sharing borders with twelve countries , and the third-most populous country . An overall successor to the Russian Empire , it was nominally organized as a federal union of national republics ,
7590-581: The Soviet republics , and the control of the Communist Party weakened. The failed coup attempt in August 1991 against Gorbachev by hardline communists hastened the end of the Soviet Union , which formally dissolved on December 26, 1991, ending nearly seven decades of Soviet rule. With an area of 22,402,200 square kilometres (8,649,500 sq mi), the Soviet Union was the world's largest country,
7755-772: The State Council , which functioned from 1810 to 1917, was referred to as a Council of Ministers. The Soviets as workers' councils first appeared during the 1905 Russian Revolution . Although they were quickly suppressed by the Imperial army, after the February Revolution of 1917 , workers' and soldiers' Soviets emerged throughout the country and shared power with the Russian Provisional Government . The Bolsheviks, led by Vladimir Lenin , demanded that all power be transferred to
7920-581: The United States Navy . In 1962, Cargill rejoined the Chicago Board of Trade, two years after MacMillan's death. In 1960, Erwin Kelm became the first non-family chief executive. Aiming for expansion into downstream production , he led the company into milling, starches , and syrups . As the company grew, it developed a market intelligence network as it coordinated its commodities trading, processing, freight , shipping, and futures businesses. In
8085-635: The Universal Declaration of Human Rights (1948), saying that it was "overly juridical" and potentially infringed on national sovereignty. The Soviet Union later signed legally-binding human rights documents, such as the International Covenant on Civil and Political Rights in 1973 (and the 1966 International Covenant on Economic, Social and Cultural Rights ), but they were neither widely known or accessible to people living under Communist rule, nor were they taken seriously by
8250-729: The War of the Spanish Succession , which gave Great Britain an asiento to trade in the region for thirty years. In fact, the Spanish remained hostile and let only one ship a year enter. Unaware of the problems, investors in Britain, enticed by extravagant promises of profit from company promoters bought thousands of shares. By 1717, the South Sea Company was so wealthy (still having done no real business) that it assumed
8415-769: The largest arsenal of nuclear weapons in the world . As an Allied nation, it was a founding member of the United Nations as well as one of the five permanent members of the United Nations Security Council . Before its dissolution, the USSR was one of the world's two superpowers through its hegemony in Eastern Europe, global diplomatic and ideological influence (particularly in the Global South ), military and economic strengths, and scientific accomplishments. The word soviet
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#17327722149508580-449: The public debt of the British government. This accelerated the inflation of the share price further, as did the Bubble Act 1720 , which (possibly with the motive of protecting the South Sea Company from competition) prohibited the establishment of any companies without a royal charter. The share price rose so rapidly that people began buying shares merely in order to sell them at a higher price, which in turn led to higher share prices. This
8745-485: The right to food , the right to work , and the right to education . The Soviet conception of human rights was very different from international law . According to Soviet legal theory , "it is the government who is the beneficiary of human rights which are to be asserted against the individual". The Soviet state was considered as the source of human rights. Therefore, the Soviet legal system considered law an arm of politics and it also considered courts agencies of
8910-518: The state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in law for certain purposes. Early incorporated entities were established by charter (i.e., by an ad hoc act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration . Corporations come in many different types but are usually divided by
9075-481: The 1920s, it refused to rubber stamp proposals from the party and Council of Ministers. In 1990, Gorbachev introduced and assumed the position of the President of the Soviet Union , concentrated power in his executive office, independent of the party, and subordinated the government, now renamed the Cabinet of Ministers of the USSR , to himself. Tensions grew between the Union-wide authorities under Gorbachev, reformists led in Russia by Boris Yeltsin and controlling
9240-424: The 1950s, the Soviet Union expanded its efforts in space exploration and took a lead in the Space Race with the first artificial satellite , the first human spaceflight , the first space station , and the first probe to land on another planet . In 1985, the last Soviet leader, Mikhail Gorbachev , sought to reform the country through his policies of glasnost and perestroika . In 1989, various countries of
9405-432: The 1990s, people in the West were also interested in the radioactive hazards of nuclear facilities, decommissioned nuclear submarines , and the processing of nuclear waste or spent nuclear fuel . It was also known in the early 1990s that the USSR had transported radioactive material to the Barents Sea and Kara Sea , which was later confirmed by the Russian parliament. The crash of the K-141 Kursk submarine in 2000 in
9570-528: The Alberta government disclosed that a second worker from the Cargill plant there had died that day. On June 3, 2020, Cargill announced that it would no longer publish quarterly results, stopping the disclosures that the company had provided since 1996. Cargill canceled its third-quarter earnings release in March 2020 amid the COVID-19 pandemic . In 2022, Cargill saw record profits due to the Russian invasion of Ukraine and rising food prices . As of 2016, Cargill operates in 70 countries across six regions around
9735-527: The Board of Trade, Robert Lowe . This allowed investors to limit their liability in the event of business failure to the amount they invested in the company – shareholders were still liable directly to creditors , but just for the unpaid portion of their shares . (The principle that shareholders are liable to the corporation had been introduced in the Joint Stock Companies Act 1844). The 1855 Act allowed limited liability to companies of more than 25 members (shareholders). Insurance companies were excluded from
9900-427: The CPSU, being ruled directly by the union-wide party until 1990. Local authorities were organized likewise into party committees , local Soviets and executive committees . While the state system was nominally federal, the party was unitary. The state security police (the KGB and its predecessor agencies ) played an important role in Soviet politics. It was instrumental in the Red Terror and Great Purge , but
10065-411: The Communist authorities. Under Joseph Stalin , the death penalty was extended to adolescents as young as 12 years old in 1935. Sergei Kovalev recalled "the famous article 125 of the Constitution which enumerated all basic civil and political rights" in the Soviet Union. But when he and other prisoners attempted to use this as a legal basis for their abuse complaints, their prosecutor's argument
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#173277221495010230-414: The Dutch government, the Dutch East India Company defeated Portuguese forces and established itself in the Moluccan Islands in order to profit from the European demand for spices . Investors in the VOC were issued paper certificates as proof of share ownership, and were able to trade their shares on the original Amsterdam Stock Exchange . Shareholders were also explicitly granted limited liability in
10395-491: The English East India Company would come to symbolize the dazzlingly rich potential of the corporation, as well as new methods of business that could be both brutal and exploitative. On 31 December 1600, Queen Elizabeth I granted the company a 15-year monopoly on trade to and from the East Indies and Africa . By 1711, shareholders in the East India Company were earning a return on their investment of almost 150 per cent. Subsequent stock offerings demonstrated just how lucrative
10560-481: The Politburo after the deaths of Lenin and Stalin, as well as after Khrushchev's dismissal, itself due to a decision by both the Politburo and the Central Committee. All leaders of the Communist Party before Gorbachev died in office, except Georgy Malenkov and Khrushchev, both dismissed from the party leadership amid internal struggle within the party. Between 1988 and 1990, facing considerable opposition, Mikhail Gorbachev enacted reforms shifting power away from
10725-484: The Possenti family's Mimesa C.A. to form Agroindustrial Mimesa in Maracaibo, dedicated to the manufacturing of flour and pasta. Expansion followed thereafter. Tensions arose with the company's private shareholders, as Cargill typically put 80% of earnings back into the business. By the early 1990s, members of the Cargill and MacMillan families became upset that their shares in the company were yielding mediocre dividends . Demands rose for an initial public offering to turn
10890-499: The Russian Soviet Federative Socialist Republic (RSFSR), the world's first constitutionally socialist state . The revolution was not accepted by all within the Russian Republic , resulting in the Russian Civil War . The RSFSR and its subordinate republics were merged into the Soviet Union in 1922. Following Lenin's death in 1924, Joseph Stalin came to power, inaugurating rapid industrialization and forced collectivization that led to significant economic growth but contributed to
11055-420: The Russian name of the Soviet Union as СС has been taboo, the reason being that СС as a Russian Cyrillic abbreviation is associated with the infamous Schutzstaffel of Nazi Germany , as SS is in English. In English-language media, the state was referred to as the Soviet Union or the USSR. The Russian SFSR dominated the Soviet Union to such an extent that, for most of the Soviet Union's existence, it
11220-450: The Soviet Union and turned into SSRs, which was not recognized by most of the international community and was considered an illegal occupation . After the Soviet invasion of Finland , the Karelo-Finnish SSR was formed on annexed territory as a Union Republic in March 1940 and then incorporated into Russia as the Karelian ASSR in 1956. Between July 1956 and September 1991, there were 15 union republics (see map below). While nominally
11385-477: The Soviet Union . Boris Yeltsin , the leader of the RSFSR, oversaw its reconstitution into the Russian Federation , which became the Soviet Union's successor state; all other republics emerged as fully independent post-Soviet states . During its existence, the Soviet Union produced many significant social and technological achievements and innovations . It had the world's second-largest economy and largest standing military. An NPT-designated state , it wielded
11550-417: The Soviet Union's priorities changed. Despite previous conflict with the United Kingdom , Vyacheslav Molotov dropped his post war border demands. The Cold War was a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc , which began following World War II in 1945. The term cold war is used because there
11715-480: The Soviet Union's superpower status, the economy struggled due to its centralized nature, technological backwardness, and inefficiencies. The vast military expenditures and burdens of maintaining the Eastern Bloc, further strained the Soviet economy. In the 1980s, Mikhail Gorbachev 's policies of Glasnost (openness) and Perestroika (restructuring) aimed to revitalize the Soviet system but instead accelerated its unraveling. Nationalist movements gained momentum across
11880-536: The Soviet authorities admitted. The Soviet Union was the world's second largest producer of harmful emissions. In 1988, total emissions in the Soviet Union were about 79% of those in the United States. But since the Soviet GNP was only 54% of that of the United States, this means that the Soviet Union generated 1.5 times more pollution than the United States per unit of GNP. The Soviet Chernobyl disaster in 1986
12045-825: The Soviets, and gained support from the workers and soldiers. After the October Revolution , in which the Bolsheviks seized power from the Provisional Government in the name of the Soviets, Lenin proclaimed the formation of the Russian Socialist Federal Soviet Republic (RSFSR). During the Georgian Affair of 1922, Lenin called for the Russian SFSR and other national Soviet republics to form
12210-587: The Supreme Soviet were members of the CPSU. Of the party heads themselves, Stalin (1941–1953) and Khrushchev (1958–1964) were Premiers. Upon the forced retirement of Khrushchev, the party leader was prohibited from this kind of double membership, but the later General Secretaries for at least some part of their tenure occupied the mostly ceremonial position of Chairman of the Presidium of the Supreme Soviet ,
12375-597: The U.S. and the Soviet Union . During this time, Cargill saw both record profits and major cash crunches. The first of the crises was the debt left by the death of William W. Cargill. The company issued $ 2.25 million in Gold Notes, backed by Cargill stock, to pay off its creditors. The Gold Notes were due in 1917, but thanks to record grain prices caused by World War I all debts were paid by 1915. As World War I continued into 1917, Cargill made record earnings and faced criticisms of war profiteering . Four years later, as
12540-472: The UK, such as fraud and corporate manslaughter . However, corporations are not considered living entities in the way that humans are. Legal scholars and others, such as Joel Bakan , have observed that a business corporation created as a "legal person" has a psychopathic personality because it is required to elevate its own interests above those of others even when this inflicts major risks and grave harms on
12705-713: The US led to the Cold War . The American-led Western Bloc coalesced into NATO in 1949, prompting the Soviet Union to form its own military alliance, the Warsaw Pact , in 1955. Neither side engaged in direct military confrontation, and instead fought on an ideological basis and through proxy wars . In 1953, following Stalin's death , the Soviet Union undertook a campaign of de-Stalinization under Nikita Khrushchev , which saw reversals and rejections of Stalinist policies. This campaign caused tensions with Communist China . During
12870-404: The USSR, establishing a relationship that later involved a series of larger deals. When Whitney MacMillan , nephew of John Jr., took over the company from Kelm in 1976, revenue approached $ 30 billion. The US government put pressure on big grain exporters with allegations of manipulating the market, and Cargill was a major target, but it emerged without any major changes. In 1978, Cargill purchased
13035-430: The USSR. Moscow eventually stopped threatening other states, and instead worked to open peaceful relationships in terms of trade, and diplomatic recognition. The United Kingdom dismissed the warnings of Winston Churchill and a few others about a continuing Marxist-Leninist threat, and opened trade relations and de facto diplomatic recognition in 1922. There was hope for a settlement of the pre-war Tsarist debts, but it
13200-469: The Warsaw Pact overthrew their Soviet-backed regimes , and nationalist and separatist movements erupted across the Soviet Union. In 1991, amid efforts to preserve the country as a renewed federation , an attempted coup against Gorbachev by hardline communists prompted the largest republics—Ukraine, Russia, and Belarus—to secede. On December 26, Gorbachev officially recognized the dissolution of
13365-503: The accident, but this led to a relatively low number of deaths (WHO data, 2005). Another major radioactive accident was the Kyshtym disaster . The Kola Peninsula was one of the places with major problems. Around the industrial cities of Monchegorsk and Norilsk , where nickel , for example, is mined, all forests have been destroyed by contamination, while the northern and other parts of Russia have been affected by emissions. During
13530-539: The act, though it was standard practice for insurance contracts to exclude action against individual members. Limited liability for insurance companies was allowed by the Companies Act 1862 . This prompted the English periodical The Economist to write in 1855 that "never, perhaps, was a change so vehemently and generally demanded, of which the importance was so much overrated." The major error of this judgment
13695-424: The amount of its closest rival, Archer Daniels Midland , and had 97,000 employees running more than 1,000 production sites in 59 countries. Cargill Meat Solutions acquired Milwaukee Emmpak in 2003 and merged it with Taylor Packing Co. (purchased in 2001). In 2006, Cargill Meat purchased Fresno Meats. The three main brands of beef are Circle T Beef, Valley Tradition, and Meadowland Farms. On June 1, 2007, CEO Staley
13860-536: The area with 982", of which 849 were in Hazleton. On April 20, 2020, Cargill temporarily closed its High River, Alberta , plant because "the operation was linked to nearly 500 cases of COVID-19". All 2,100 employees were recommended for virus testing. This plant was responsible for about 36% of Canada's beef producing capacity. On May 6, the plant was connected with 1,560 cases of COVID-19. United Food and Commercial Workers Canada (UFCW) Union Local 401 has recommended
14025-568: The building that formerly housed The Wichita Eagle , following the old building's demolition. In 2016, Cargill completed the commissioning of a feed plant in Bathinda, Punjab, India, and manufactures dairy cattle feed under the Purina brand name. In 2017, Cargill sold its Geneva-based petroleum-trading business to Macquarie Bank and soon after its North American power and gas trading business as well. In 2018, Cargill and Faccenda Foods opened
14190-649: The company had $ 4 billion in debt. After a reduction in previously strong bond credit rating , Micek announced he would step down a year early. Warren Staley became chief executive and continued expanding the company and it rebounded. He pursued a new strategy that shifted away from an asset-intensive commodities company to solutions-oriented enterprise. While expanding, the company also refocused its business by selling assets such as its coffee and rubber businesses. In 2002 Cargill acquired European-based starch manufacturer Cerestar from Montedison for $ 1.1 billion. By 2002, Cargill had over $ 50 billion in annual sales, twice
14355-613: The company had become. Its first stock offering in 1713–1716 raised £418,000, its second in 1717–1722 raised £1.6 million. A similar chartered company , the South Sea Company , was established in 1711 to trade in the Spanish South American colonies, but met with less success. The South Sea Company's monopoly rights were supposedly backed by the Treaty of Utrecht , signed in 1713 as a settlement following
14520-462: The company public. The company responded with an employee stock ownership plan, and in 1993 reportedly purchased 17% of the firm for $ 730 million from 72 Cargills and MacMillans. It used that stake to begin the employee stock plan. The company's board of directors was reorganized to reduce the number of relatives to six, alongside six independents and five managers. Ernest Micek took over as chief executive in August 1995. Cargill underwent turmoil in
14685-614: The company until his retirement in 1936. Under his leadership Cargill grew several fold, expanding out of the Midwest by opening its first East coast offices, in New York, in 1923. He was also the architect of the company's strategy of internationalism. He opened the company's first Canadian, European and Latin American offices in 1928, 1929, and 1930. He was also noted for his involvement in the controversial commercial rapprochement between
14850-556: The company's royal charter. In England, the government created corporations under a royal charter or an Act of Parliament with the grant of a monopoly over a specified territory. The best-known example, established in 1600, was the East India Company of London . Queen Elizabeth I granted it the exclusive right to trade with all countries to the east of the Cape of Good Hope . Some corporations at this time would act on
15015-405: The corn market. In 1938, the Chicago Board suspended Cargill and three of its officers from the trading floor. When the Board lifted its suspension a few years later, Cargill refused to rejoin, instead trading through independent traders. During World War II , MacMillan Jr. continued to expand the company, which boomed as it stored and transported grain and built T1 tankers and Towboats ships for
15180-402: The corporate model for this reason (as a trust ). State governments began to adopt more permissive corporate laws from the early 19th century, although these were all restrictive in design, often with the intention of preventing corporations from gaining too much wealth and power. New Jersey was the first state to adopt an "enabling" corporate law, with the goal of attracting more business to
15345-490: The corporate status of the entity (for example, "Incorporated" or "Inc." in the United States) or the limited liability of its members (for example, "Limited", "Ltd.", or "LLC"). These terms vary by jurisdiction and language. In some jurisdictions, they are mandatory, and in others, such as California, they are not. Their use puts everybody on constructive notice that they are dealing with an entity whose liability
15510-408: The corporation is determined by the portion of shares in the company that they own. Thus, a person who owns a quarter of the shares of a joint-stock company owns a quarter of the company, is entitled to a quarter of the profit (or at least a quarter of the profit given to shareholders as dividends) and has a quarter of the votes capable of being cast at general meetings. In another kind of corporation,
15675-408: The corporation to designate its principal address, as well as a registered agent (a person or company designated to receive legal service of process). It may also be required to designate an agent or other legal representatives of the corporation. Generally, a corporation files articles of incorporation with the government, laying out the general nature of the corporation, the amount of stock it
15840-556: The corporation, or for torts (involuntary harms) committed by the corporation against a third party (acts done by the controllers of the corporation). Where local law distinguishes corporations by their ability to issue stock , corporations allowed to do so are referred to as stock corporations ; one type of investment in the corporation is through stock, and owners of stock are referred to as stockholders or shareholders . Corporations not allowed to issue stock are referred to as non-stock corporations ; i.e. those who are considered
16005-429: The country was limited. The state restricted rights of citizens to private property . According to the Universal Declaration of Human Rights , human rights are the "basic rights and freedoms to which all humans are entitled." including the right to life and liberty , freedom of expression , and equality before the law ; and social, cultural and economic rights, including the right to participate in culture ,
16170-716: The creation of new state commissions and committees. It gained additional powers relating to the approval of the Five-Year Plans and the government budget . The Supreme Soviet elected a Presidium (successor of the Central Executive Committee ) to wield its power between plenary sessions, ordinarily held twice a year, and appointed the Supreme Court , the Procurator General and the Council of Ministers (known before 1946 as
16335-417: The decades before email , the company relied on its own telex-based system for internal communication. By 1972, Cargill’s business grew with $ 5 billion in sales, becoming the largest agricultural trader in the world. When the Soviet Union entered the grain markets in the 1970s, demand grew to unprecedented levels, and Cargill benefitted. In 1963, Cargill had already negotiated a $ 40 million wheat deal with
16500-589: The degree of power consolidation, it was either the Politburo as a collective body or the General Secretary, who always was one of the Politburo members, that effectively led the party and the country (except for the period of the highly personalized authority of Stalin, exercised directly through his position in the Council of Ministers rather than the Politburo after 1941). They were not controlled by
16665-554: The duty of the Russian Bolsheviks to protect what they had in Russia, and avoid military confrontations that might destroy their bridgehead. Russia was now a pariah state, along with Germany. The two came to terms in 1922 with the Treaty of Rapallo that settled long-standing grievances. At the same time, the two countries secretly set up training programs for the illegal German army and air force operations at hidden camps in
16830-520: The emperor. The concept of the corporation was revived in the Middle Ages with the recovery and annotation of Justinian's Corpus Juris Civilis by the glossators and their successors the commentators in the 11th–14th centuries. Particularly important in this respect were the Italian jurists Bartolus de Saxoferrato and Baldus de Ubaldis , the latter of whom connected the corporation to
16995-422: The equivalent of unissued capital, where it is not classified as an asset on the balance sheet (passive capital). Under the internal affairs doctrine , the law of the jurisdiction in which a corporation is incorporated will govern its internal activities—that is, conflicts between shareholders and managers such as the board of directors and corporate officers. If a corporation operates outside its home state, it
17160-556: The following years; its financial unit lost hundreds of millions of dollars in 1998 when Russia defaulted on debt and developing countries began to have financial issues. The commodities and ingredients business, which was 75% of Cargill's total revenue, suffered from the 1997 Asian Financial Crisis . Revenues fell by double-digit percentages for two years in a row, from $ 55.7 billion in 1997 to $ 51.4 billion in 1998 and $ 45.7 billion in 1999, while net income fell from $ 814 million in 1997 to $ 468 million in 1998 and $ 220 million in 1999. By 1999,
17325-779: The founding republics who signed the Treaty on the Creation of the USSR in December 1922. In 1924, during the national delimitation in Central Asia, Uzbekistan and Turkmenistan were formed from parts of Russia's Turkestan ASSR and two Soviet dependencies, the Khorezm and Bukharan PSPs . In 1929, Tajikistan was split off from the Uzbekistan SSR. With the constitution of 1936, the Transcaucasian SFSR
17490-410: The general party membership, as the key principle of the party organization was democratic centralism , demanding strict subordination to higher bodies, and elections went uncontested, endorsing the candidates proposed from above. The Communist Party maintained its dominance over the state mainly through its control over the system of appointments . All senior government officials and most deputies of
17655-525: The globe. The post-Stalin leadership, particularly under Nikita Khrushchev , initiated a de-Stalinization process, leading to a period of liberalization and relative openness known as the Khrushchev Thaw . However, the subsequent era under Leonid Brezhnev , referred to as the Era of Stagnation , was marked by economic decline, political corruption, and a rigid gerontocracy . Despite efforts to maintain
17820-460: The government's behalf, bringing in revenue from its exploits abroad. Subsequently, the company became increasingly integrated with English and later British military and colonial policy, just as most corporations were essentially dependent on the Royal Navy 's ability to control trade routes. Labeled by both contemporaries and historians as "the grandest society of merchants in the universe",
17985-497: The government. Extensive extrajudicial powers were given to the Soviet secret police agencies . In practice, the Soviet government significantly curbed the rule of law , civil liberties , protection of law and guarantees of property , which were considered as examples of "bourgeois morality" by Soviet law theorists such as Andrey Vyshinsky . The USSR and other countries in the Soviet Bloc had abstained from affirming
18150-509: The hedge fund Proterra Investment Partners, emerging markets debt specialist Argentem Creek Partners and hedge fund Garda Capital Partners . In 2016, Cargill announced that it would move its Protein Group headquarters from older buildings in downtown Wichita, Kansas , and consolidate into a new building in Wichita's nearby Old Town area. The new $ 60 million building will be built on the site of
18315-454: The highest bodies of the party and making the Supreme Soviet less dependent on them. The Congress of People's Deputies was established, the majority of whose members were directly elected in competitive elections held in March 1989, the first in Soviet history. The Congress now elected the Supreme Soviet, which became a full-time parliament, and much stronger than before. For the first time since
18480-661: The history of companies was the 1897 decision of the House of Lords in Salomon v. Salomon & Co. where the House of Lords confirmed the separate legal personality of the company, and that the liabilities of the company were separate and distinct from those of its owners. In the United States , forming a corporation usually required an act of legislation until the late 19th century. Many private firms, such as Carnegie 's steel company and Rockefeller 's Standard Oil , avoided
18645-447: The idea of the corporation as legal persons can help to clarify the role of citizens as political stakeholders , and to break down the sharp conceptual dichotomy between the state and the people or the individual, a distinction that, on his account, is "increasingly unable to meet the demands placed on the state in the modern world". Other Soviet Union The Union of Soviet Socialist Republics ( USSR ), commonly known as
18810-472: The implementation of socialist policies and the New Economic Policy (NEP), which allowed for market-oriented reforms. The rise of Joseph Stalin in the late 1920s ushered in an era of intense centralization and totalitarianism. Stalin's rule was characterized by the forced collectivization of agriculture , rapid industrialization , and the Great Purge , which eliminated perceived enemies of
18975-650: The landmark 1856 Joint Stock Companies Act . This was subsequently consolidated with a number of other statutes in the Companies Act 1862, which remained in force for the rest of the century, up to and including the time of the decision in Salomon v A Salomon & Co Ltd . The legislation shortly gave way to a railway boom, and from then, the numbers of companies formed soared. In the later nineteenth century, depression took hold, and just as company numbers had boomed, many began to implode and fall into insolvency. Much strong academic, legislative and judicial opinion
19140-509: The large Leslie Salt refining company in Newark, California , from Schilling . In 1979, Cargill entered the meat-processing business with the purchase of beef processor MBPXL (later Excel). The division expanded into turkey, food service and food distribution businesses and is now known as Cargill Meat Solutions . In 1986 Cargill started operations in Venezuela through a partnership with
19305-477: The largest and most populous of which was the Russian SFSR . In practice, its government and economy were highly centralized . As a one-party state governed by the Communist Party of the Soviet Union , it was a flagship communist state . Its capital and largest city was Moscow . The Soviet Union's roots lay in the October Revolution of 1917. The new government, led by Vladimir Lenin , established
19470-521: The law of the jurisdiction where they are chartered based on two aspects: whether they can issue stock , or whether they are formed to make a profit . Depending on the number of owners, a corporation can be classified as aggregate (the subject of this article) or sole (a legal entity consisting of a single incorporated office occupied by a single natural person ). Registered corporations have legal personality recognized by local authorities and their shares are owned by shareholders whose liability
19635-425: The legal document which established the corporation or which contains its current rules will determine the requirements for membership in the corporation. What these requirements are depends on the kind of corporation involved. In a worker cooperative , the members are people who work for the cooperative. In a credit union , the members are people who have accounts with the credit union. The day-to-day activities of
19800-532: The lives of any particular member, existing in perpetuity. The alleged oldest commercial corporation in the world, the Stora Kopparberg mining community in Falun , Sweden , obtained a charter from King Magnus Eriksson in 1347. In medieval times , traders would do business through common law constructs, such as partnerships . Whenever people acted together with a view to profit, the law deemed that
19965-417: The members of their boards. In Canada, this possibility is taken to its logical extreme: many smaller Canadian corporations have no names at all, merely numbers based on a registration number (for example, "12345678 Ontario Limited"), which is assigned by the provincial or territorial government where the corporation incorporates. In most countries, corporate names include a term or an abbreviation that denotes
20130-538: The metaphor of the body politic to describe the state . Early entities which carried on business and were the subjects of legal rights included the collegium of ancient Rome and the sreni of the Maurya Empire in ancient India. In medieval Europe, churches became incorporated, as did local governments, such as the City of London Corporation . The point was that the incorporation would survive longer than
20295-486: The most common Russian initialization is Союз ССР (transliteration: Soyuz SSR ) which essentially translates to Union of SSRs in English. In addition, the Russian short form name Советский Союз (transliteration: Sovyetsky Soyuz , which literally means Soviet Union ) is also commonly used, but only in its unabbreviated form. Since the start of the Great Patriotic War at the latest, abbreviating
20460-417: The newly elected Supreme Soviet of the Russian SFSR , and communist hardliners. On 19–21 August 1991, a group of hardliners staged a coup attempt . The coup failed, and the State Council of the Soviet Union became the highest organ of state power 'in the period of transition'. Gorbachev resigned as General Secretary, only remaining President for the final months of the existence of the USSR. The judiciary
20625-400: The nominal head of state . The institutions at lower levels were overseen and at times supplanted by primary party organizations . However, in practice the degree of control the party was able to exercise over the state bureaucracy, particularly after the death of Stalin, was far from total, with the bureaucracy pursuing different interests that were at times in conflict with the party, nor
20790-608: The official Soviet system of importance (ground forces were second, Air Force fourth, and Navy fifth). The army had the greatest political influence. In 1989, there served two million soldiers divided between 150 motorized and 52 armored divisions. Until the early 1960s, the Soviet navy was a rather small military branch, but after the Caribbean crisis , under the leadership of Sergei Gorshkov , it expanded significantly. It became known for battlecruisers and submarines. In 1989, there served 500 000 men. The Soviet Air Force focused on
20955-487: The only legal party and the final policymaker in the country. At the top of the Communist Party was the Central Committee , elected at Party Congresses and Conferences. In turn, the Central Committee voted for a Politburo (called the Presidium between 1952 and 1966), Secretariat and the general secretary (First Secretary from 1953 to 1966), the de facto highest office in the Soviet Union. Depending on
21120-694: The other order until 1936 . In addition, in the regional languages of several republics, the word council or conciliar in the respective language was only quite late changed to an adaptation of the Russian soviet and never in others, e.g. Ukrainian SSR . СССР (in the Latin alphabet: SSSR ) is the abbreviation of the Russian-language cognate of USSR, as written in Cyrillic letters . The Soviets used this abbreviation so frequently that audiences worldwide became familiar with its meaning. After this,
21285-408: The owners of a non-stock corporation are persons (or other entities) who have obtained membership in the corporation and are referred to as a member of the corporation. Corporations chartered in regions where they are distinguished by whether they are allowed to be for-profit are referred to as for-profit and not-for-profit corporations, respectively. Shareholders do not typically actively manage
21450-570: The partition of Poland. In response, Britain and France declared war on Germany, marking the beginning of World War II . Up until his death in 1953, Joseph Stalin controlled all foreign relations of the Soviet Union during the interwar period . Despite the increasing build-up of Germany 's war machine and the outbreak of the Second Sino-Japanese War , the Soviet Union did not cooperate with any other nation, choosing to follow its own path. However, after Operation Barbarossa ,
21615-538: The party's highest body the Politburo . Operations were handled by the separate Ministry of Foreign Affairs . It was known as the People's Commissariat for Foreign Affairs (or Narkomindel), until 1946. The most influential spokesmen were Georgy Chicherin (1872–1936), Maxim Litvinov (1876–1951), Vyacheslav Molotov (1890–1986), Andrey Vyshinsky (1883–1954) and Andrei Gromyko (1909–1989). Intellectuals were based in
21780-765: The plant on its own. On May 11, a CBC journalist wrote, "The Cargill plant in Alberta, where there have been about 1,000 reported cases [of human COVID-19], is now considered the largest single-site outbreak in North America ." Meanwhile, the Agriculture Union of CFIA 's embedded inspectors at slaughterhouses said that management is "threatening disciplinary action against employees who refuse to be reassigned to work at COVID-19-infected meat plants", while Deputy PM Chrystia Freeland said, "those who feel unsafe won't be forced back to work." Also on May 11,
21945-584: The plant's closure since 38 cases were known. The public health authority of Quebec did not shut down a Cargill plant in Chambly south of Montreal on May 10, 2020. A total of 64 employees, about 13% of the workforce, had COVID-19. The workers are represented by the UFCW. The public health department for the Montérégie region had been working with Cargill since April 25 to deal with the outbreak. Cargill closed
22110-411: The public or on other third-parties. Such critics note that the legal mandate of the corporation to focus exclusively on corporate profits and self-interest often victimizes employees, customers, the public at large, and/or the natural resources . The political theorist David Runciman notes that corporate personhood forms a fundamental part of the modern history of the idea of the state , and believes
22275-407: The same names, a corporate name is a unique identifier only when combined with the name of the state of incorporation". This explains why lawyers in legal papers often expressly refer to a corporation's state of incorporation after the first mention of its name. Some jurisdictions do not allow the use of the word " company " alone to denote corporate status, since the word " company " may refer to
22440-431: The selling of publicly owned (or 'nationalised') services and enterprises to corporations. Deregulation (reducing the regulation of corporate activity) often accompanied privatization as part of a laissez-faire policy. A corporation is, at least in theory, owned and controlled by its members. In a joint-stock company the members are known as shareholders, and each of their shares in the ownership, control, and profits of
22605-524: The sole owner of the La Crosse office. John MacMillan was named general manager of Cargill Elevator Company and moved his family to Minneapolis. William Cargill died in 1909, creating a fiscal crisis for the company. MacMillan worked to resolve the credit issues and to force his brother-in-law William S. Cargill out of the company. The current owners are descended from John MacMillan's two sons, John H. MacMillan Jr., and Cargill MacMillan Sr., and his youngest brother-in-law, Austen S. Cargill I. John MacMillan ran
22770-500: The state, and they can themselves be responsible for human rights violations. Corporations can be "dissolved" either by statutory operation, the order of the court, or voluntary action on the part of shareholders. Insolvency may result in a form of corporate failure, when creditors force the liquidation and dissolution of the corporation under court order, but it most often results in a restructuring of corporate holdings. Corporations can even be convicted of special criminal offenses in
22935-581: The state, in 1896. In 1899, Delaware followed New Jersey's lead with the enactment of an enabling corporate statute, but Delaware only became the leading corporate state after the enabling provisions of the 1896 New Jersey corporate law were repealed in 1913. The end of the 19th century saw the emergence of holding companies and corporate mergers creating larger corporations with dispersed shareholders. Countries began enacting antitrust laws to prevent anti-competitive practices and corporations were granted more legal rights and protections. The 20th century saw
23100-717: The state. The Soviet Union played a crucial role in the Allied victory in World War II , but at a tremendous human cost, with millions of Soviet citizens perishing in the conflict. The Soviet Union emerged as one of the world's two superpowers, leading the Eastern Bloc in opposition to the Western Bloc during the Cold War . This period saw the USSR engage in an arms race, the Space Race , and proxy wars around
23265-469: The struggle for dominance was expressed via indirect means such as psychological warfare , propaganda campaigns, espionage , far-reaching embargoes , rivalry at sports events and technological competitions such as the Space Race . Constitutionally, the USSR was a federation of constituent Union Republics, which were either unitary states, such as Ukraine or Byelorussia (SSRs), or federations, such as Russia or Transcaucasia (SFSRs), all four being
23430-492: The truth". Human rights in the Soviet Union were severely limited. The Soviet Union was a totalitarian state from 1927 until 1953 and a one-party state until 1990. Freedom of speech was suppressed and dissent was punished. Independent political activities were not tolerated, whether these involved participation in free labour unions , private corporations , independent churches or opposition political parties . The freedom of movement within and especially outside
23595-527: The west further raised concerns. In the past, there were accidents involving submarines K-19 , K-8 , a K-129 , K-27 , K-219 and K-278 Komsomolets . There were three power hierarchies in the Soviet Union: the legislature represented by the Supreme Soviet of the Soviet Union , the government represented by the Council of Ministers , and the Communist Party of the Soviet Union (CPSU),
23760-465: The world's largest lakes; the Caspian Sea (shared with Iran ), and Lake Baikal , the world's largest (by volume) and deepest freshwater lake that is also an internal body of water in Russia. Neighbouring countries were aware of the high levels of pollution in the Soviet Union but after the dissolution of the Soviet Union it was discovered that its environmental problems were greater than what
23925-404: The world. Algeria, Ivory Coast, Egypt, Ghana, Kenya, Morocco, Mozambique, Nigeria, South Africa, Uganda, Zambia and Zimbabwe. China, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam. Australia, New Zealand Corporation A corporation is an organization —usually a group of people or a company —authorized by
24090-562: Was a coastline . The country bordered Afghanistan , the People's Republic of China , Czechoslovakia , Finland , Hungary , Iran , Mongolia , North Korea , Norway , Poland , Romania , and Turkey from 1945 to 1991. The Bering Strait separated the USSR from the United States . The country's highest mountain was Communism Peak (now Ismoil Somoni Peak ) in Tajikistan , at 7,495 metres (24,590 ft). The USSR also included most of
24255-539: Was also the industrial center of the Soviet Union. Historian Matthew White wrote that it was an open secret that the country's federal structure was 'window dressing' for Russian dominance. For that reason, the people of the USSR were usually called 'Russians', not 'Soviets', since 'everyone knew who really ran the show'. Under the Military Law of September 1925, the Soviet Armed Forces consisted of
24420-483: Was brought under strict party control after Stalin's death. Under Yuri Andropov , the KGB engaged in the suppression of political dissent and maintained an extensive network of informers, reasserting itself as a political actor to some extent independent of the party-state structure, culminating in the anti-corruption campaign targeting high-ranking party officials in the late 1970s and early 1980s. The constitution , which
24585-540: Was carried out within the terms of the Soviet Civil Code. Some Soviet legal scholars even said that "criminal repression" may be applied in the absence of guilt. Martin Latsis , chief of Soviet Ukraine 's secret police explained: "Do not look in the file of incriminating evidence to see whether or not the accused rose up against the Soviets with arms or words. Ask him instead to which class he belongs, what
24750-542: Was colloquially, but incorrectly, referred to as Russia . The history of the Soviet Union began with the ideals of the Bolshevik Revolution and ended in dissolution amidst economic collapse and political disintegration. Established in 1922 following the Russian Civil War , the Soviet Union quickly became a one-party state under the Communist Party . Its early years under Lenin were marked by
24915-404: Was dissolved, resulting in its constituent republics of Armenia , Georgia and Azerbaijan being elevated to Union Republics, while Kazakhstan and Kirghizia were split off from the Russian SFSR, resulting in the same status. In August 1940, Moldavia was formed from parts of Ukraine and Soviet-occupied Bessarabia , and Ukrainian SSR. Estonia , Latvia and Lithuania were also annexed by
25080-424: Was no large-scale fighting directly between the two superpowers , but they each supported major regional conflicts known as proxy wars . The conflict was based around the ideological and geopolitical struggle for global influence by these two superpowers, following their temporary alliance and victory against Nazi Germany in 1945. Aside from the nuclear arsenal development and conventional military deployment,
25245-450: Was not independent of the other branches of government. The Supreme Court supervised the lower courts ( People's Court ) and applied the law as established by the constitution or as interpreted by the Supreme Soviet. The Constitutional Oversight Committee reviewed the constitutionality of laws and acts. The Soviet Union used the inquisitorial system of Roman law , where the judge, procurator , and defence attorney collaborate to "establish
25410-427: Was opposed to the notion that businessmen could escape accountability for their role in the failing businesses. In 1892, Germany introduced the Gesellschaft mit beschränkter Haftung with a separate legal personality and limited liability even if all the shares of the company were held by only one person. This inspired other countries to introduce corporations of this kind. The last significant development in
25575-454: Was possible only through a royal charter or a private act and was limited, owing to Parliament's jealous protection of the privileges and advantages thereby granted. As a result, many businesses came to be operated as unincorporated associations with possibly thousands of members. Any consequent litigation had to be carried out in the joint names of all the members and was almost impossibly cumbersome. Though Parliament would sometimes grant
25740-443: Was previously owned by American Nutrition. In December 2013 CEO and chairman Page was succeeded by current CEO Dave MacLennan. In December 2014, Cargill finished commissioning a $ 100 million Indonesian cocoa plant. In 2015, Cargill wound down its Black River Asset Management division by shutting down four hedge funds, folding two agriculture and energy funds into Cargill, and spinning off three fund businesses to employees to create
25905-433: Was promulgated in 1924 , 1936 and 1977 , did not limit state power. No formal separation of powers existed between the Party, Supreme Soviet and Council of Ministers that represented executive and legislative branches of the government. The system was governed less by statute than by informal conventions, and no settled mechanism of leadership succession existed. Bitter and at times deadly power struggles took place in
26070-461: Was recognised by the same magazine more than 70 years later, when it claimed that, "[t]he economic historian of the future... may be inclined to assign to the nameless inventor of the principle of limited liability, as applied to trade corporations, a place of honour with Watt and Stephenson , and other pioneers of the Industrial Revolution. " These two features – a simple registration procedure and limited liability – were subsequently codified into
26235-477: Was repeatedly postponed. Formal recognition came when the new Labour Party came to power in 1924. All the other countries followed suit in opening trade relations. Henry Ford opened large-scale business relations with the Soviets in the late 1920s, hoping that it would lead to long-term peace. Finally, in 1933, the United States officially recognized the USSR, a decision backed by the public opinion and especially by US business interests that expected an opening of
26400-427: Was succeeded by Gregory R. Page . Cargill's quarterly profits exceeded $ 1 billion for the first time during the quarter ending on February 29, 2008 ($ 1.03 billion); the 86% rise was credited to global food shortages and the expanding biofuels industry that, in turn, caused a rise in demand for Cargill's core areas of agricultural commodities and technology. In October 2011, the U.S. Justice Department announced that
26565-482: Was that "the Constitution was written not for you, but for American Negroes, so that they know how happy the lives of Soviet citizens are". Crime was determined not as the infraction of law, instead, it was determined as any action which could threaten the Soviet state and society. For example, a desire to make a profit could be interpreted as a counter-revolutionary activity punishable by death. The liquidation and deportation of millions of peasants in 1928–31
26730-506: Was the Russian responsibility to assist them. The Comintern was the weapon of choice. A few revolutions did break out, but they were quickly suppressed (the longest lasting one was in Hungary)—the Hungarian Soviet Republic —lasted only from 21 March 1919 to 1 August 1919. The Russian Bolsheviks were in no position to give any help. By 1921, Lenin, Trotsky, and Stalin realized that capitalism had stabilized itself in Europe and there would not be any widespread revolutions anytime soon. It became
26895-417: Was the first speculative bubble the country had seen, but by the end of 1720, the bubble had "burst", and the share price sank from £1,000 to under £100. As bankruptcies and recriminations ricocheted through government and high society, the mood against corporations and errant directors was bitter. In the late 18th century, Stewart Kyd , the author of the first treatise on corporate law in English, defined
27060-404: Was the first major accident at a civilian nuclear power plant . Unparalleled in the world, it resulted in a large number of radioactive isotopes being released into the atmosphere. Radioactive doses were scattered relatively far. Although long-term effects of the accident were unknown, 4,000 new cases of thyroid cancer which resulted from the accident's contamination were reported at the time of
27225-431: Was the party itself monolithic from top to bottom, although factions were officially banned . The Supreme Soviet (successor of the Congress of Soviets ) was nominally the highest state body for most of the Soviet history, at first acting as a rubber stamp institution, approving and implementing all decisions made by the party. However, its powers and functions were extended in the late 1950s, 1960s and 1970s, including
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