An uncorporation is an unorthodox form of large business organization.
An uncorporation may be formed in an effort to align managers' and owners' interests more closely than in a typical corporation, or may donate most of its profits to charity,[1] or may pursue social responsibility goals that conflict with traditional corporate shareholder primacy.
Equally, it escapes the regulatory supervision, checks and balances to which corporations are subject.
Large firms structured as partnerships are sometimes regarded as uncorporations.
[citation needed] The rise of uncorporations resulted partly from costly corporate monitoring devices such as independent directors, owner voting, and fiduciary duties being often ineffective.