The right to choose the type of incorporation process of privately held corporations is usually given to the corporation itself or its managers and board of directors. Texas law provides various forms of internal business models that may be incorporated in order to run the company on a daily basis.
Many companies consult professional legal help in order to facilitate incorporation of privately held corporations. In the past, many privately held corporations were criticized for the way in which they executed manager-run policies. The corporations used to allegedly make policies that benefited the managers of the company and were detrimental to the shareholders, especially the minority shareholders.