Corporate colonies were funded by joint-stocks and allowed the investors to have a say in how to run the colony. It was the least concreted to the king because anyone could have a say in how to run them. Royal colonies were under the direct authority of the king, he appointed a loyal governor to run the colony.
People who have everything may not know the feeling of having nothing. The child who has nothing is willing to share because the child does not want someone to feel the same way that he/she did. Meaning, the poor child does not want someone to feel like they have nothing