Abstract
Abstract The macroeconomic mode of economic growth, the backward-pyramidal evolution from the capitalist structure, the emergence of the free enterprise, and the corporate form of business organizations in our system of free markets are all examined in this research. This study aims to provide insight into the particularities of the many aspects of the governance process. This study focuses on privately held businesses that are publicly held by shareholders or social part owners. It also examines the state-corporate relationship and its effects on geo-social, political, and economic spheres.
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