Meaning should the actions of corporations and the corporations be held to the same moral standards and responsibilities as individuals? should the consequences be the same?
2007-01-28 11:28:03 · 4 answers · asked by Shrinkydinks 2 in Politics & Government ➔ Law & Ethics
Corporations exists to earn a profit, this is the one duty that is in every article of incorporation regardless of the type of corporation, they are regulated by law not morality. Morality regulates interpersonal relationships that would otherwise be inappropriate or too burdensome to be regulated by law. Morality as a guiding force breaks down when populations reach about 150 persons, this is why government and law was created. So in answer to your question, holding corporations to the same moral standards that govern you and me in our daily lives would be like trying to fit a square peg in a round hole.
2007-01-28 11:42:47 · answer #1 · answered by Daz2020 4 · 0⤊ 0⤋
Yes, and yes. Because individuals and corporations are both considered legal entities. The law treats them quite similarly. However, whether they can defend themselves legally or not is a different story, as well as the access to quality legal defense.
2007-01-28 12:30:34 · answer #2 · answered by Think Richly™ 5 · 0⤊ 0⤋
The answer is really up to the board of directors. The true goal of any corporation is to earn a profit. The board of directors determines the path to achieve this goal.
2007-01-28 11:37:48 · answer #3 · answered by Ginbail © 6 · 0⤊ 0⤋
Yes, and President Bush made it pretty tough on them.
2007-01-28 11:33:35 · answer #4 · answered by Anonymous · 0⤊ 1⤋