Answer: No, it wouldn’t be a work of art.
Explanation: It wouldn’t be a work of Art because the artistic value is lost since the art loses its subjectivity. When the Artist work was allowed to hang in a public space, it had boundaries and was defined by no rules. It was a beautiful fusion of art and design viewed by all. Design and Art is objective; it’s primary function is to express the imagination in non grammatical ways. Those ways are determined by the artists and those that view it.
If this piece of work belonged to a corporation, it would lose its power of reflection and instead the corporation it belonged to would be in charge of allowing the art piece to reflect or convey a new form of visual rhetoric. This new framework would allow the corporation to communicate their own message, idea, or point of view. Which no longer makes it subjective.