3 ms·
I feel a government has a scope wider than a company and is answerable to the public at large. A corporation is answerable to its shareholders so slightly diffe
by naveensky 7y ago
I feel a government has a scope wider than a company and is answerable to the public at large. A corporation is answerable to its shareholders so slightly different.
Bribery at any level is not acceptable, and even at the corporate level if shareholders are affected, they would want to remove the person taking bribes
- perl4ever 7y agoA company is inherently answerable to the public at large. No less than a government, it's a legal fiction that is enabled by the collective behavior of the public remaining consistent with its existence.
- naveensky 7y agoJust to be clear, are you talking about a publicly listed company or feel that every business, let's say a small grocery store as well is equally responsible. I feel a company is responsible to its customers and shareholders, that's about it.
- perl4ever 7y agoI didn't use the exact word "responsible" which sounds ambiguous and maybe normative. I was trying to make a factual statement rather than a normative one. Even a small grocery store depends on abstract legal concepts having power which require public assent.