SAPA # 0809: IBM is an example of a fully corporatized corporation that has proven its existence across centuries. Perfectly corporatized means there are no more controlling shareholders (ownership> 50%). Directors’ decisions can not be driven by any party. Pure director decisions based on business considerations proofed by performance. The existence of a cross-century through various changes of the times is a tangible proof of that performance. Daily management update presented by SNF Consulting https://t.me/dailymanagementupdate