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Topic: Book Reports
Number of pages / Number of words: 11 / 3000
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The company is described to not have much emphasis on structure; instead employees are encouraged to think freely without constraints such as titles. Kelleher, for example, is said to know the names of virtually all his employees.

Southwest Airlines is characterized as a C-corporation with duration distinguished as a normal perpetual existence...


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The shareholders are not normally liable for debts of the corporation and they preserve an operation that is normally more structured, requiring more meetings and (in some states) more reporting requirements. Management is very centralized through the board of directors (elected by the shareholders) and the officers (elected by the directors)...


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