Home
Forms Library
How Do Firms Choose Legal Form of Organization? - sbaer uca

How Do Firms Choose Legal Form of Organization? - sbaer uca 2025

How Do Firms Choose Legal Form of Organization? - sbaer uca Preview on Page 1

Show details

4 out of 5

22 votes

The document analyzes the factors influencing firms' choices of legal forms of organization (LFO) and their likelihood of changing these forms within the first four years of operation. It reveals that a significant number of firms start as limited-liability companies or corporations rather than proprietorships, contradicting traditional life-cycle theories. The study finds that changes in LFO are rare, with most firms opting for more complex structures when they grow in size or complexity. Key determinants for initial LFO choice include firm characteristics like employment size, profitability, and owner education, while changes in ownership structure significantly influence decisions to switch to more complex forms.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The best way to modify How Do Firms Choose Legal Form of Organization? - sbaer uca online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

With DocHub, making changes to your paperwork requires only a few simple clicks. Follow these fast steps to modify the PDF How Do Firms Choose Legal Form of Organization? - sbaer uca online for free:

Sign up and log in to your account. Sign in to the editor using your credentials or click on Create free account to examine the tool’s features.
Add the How Do Firms Choose Legal Form of Organization? - sbaer uca for editing. Click the New Document button above, then drag and drop the file to the upload area, import it from the cloud, or using a link.
Change your template. Make any changes needed: add text and photos to your How Do Firms Choose Legal Form of Organization? - sbaer uca, underline details that matter, remove parts of content and replace them with new ones, and insert symbols, checkmarks, and areas for filling out.
Complete redacting the form. Save the modified document on your device, export it to the cloud, print it right from the editor, or share it with all the parties involved.

Our editor is super easy to use and efficient. Try it now!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the legal form of the organization?

The legal form refers to the form of ownership of the organization as it is viewed by the legal and taxation authorities; for example, sole proprietorship, partnership, or corporation.

What does legal name of organization mean?

An organizations legal name is the organizations name as it appears in the certificate of incorporation or the organizations application for charity status, unless a request was subsequently submitted to have the name officially changed.

What are the three primary forms of legal business organization?

The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation.

What do you mean by form of organization?

Organization form refers to the structure and design of an organization, including its boundaries, relationships, and ways of organizing tasks and activities. It encompasses various aspects such as modularity, narrative approaches, and network paradigms, and is studied within the field of organizational science.