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  • Lecture 8

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    Gmit
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    Every company enjoys perpetual succession, meaning the company will continue indefinitely after its founders or current owners/managers leave. Perpetual succession ensures the company's intention is to operate continuously regardless of changes in leadership or ownership over time. The document discusses how companies are designed to exist in perpetuity through succession of management and ownership.

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    Every company enjoys perpetual succession, meaning the company will continue indefinitely after its founders or current owners/managers leave. Perpetual succession ensures the company's intention is to operate continuously regardless of changes in leadership or ownership over time. The document discusses how companies are designed to exist in perpetuity through succession of management and ownership.

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    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
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    13 views1 page

    Lecture 8

    Uploaded by

    Gmit
    Every company enjoys perpetual succession, meaning the company will continue indefinitely after its founders or current owners/managers leave. Perpetual succession ensures the company's intention is to operate continuously regardless of changes in leadership or ownership over time. The document discusses how companies are designed to exist in perpetuity through succession of management and ownership.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Every company enjoys perpetual succession.

    Perpetual succession - Intention of the person is that company will continue


    perpetullay.

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