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I’m not disagreeing with you, but the whole point of a corporation existing is to have a legal entity that takes responsibility for the work of one or more indi
by sholladay 2y ago
I’m not disagreeing with you, but the whole point of a corporation existing is to have a legal entity that takes responsibility for the work of one or more individuals. The corporation provides the basis for limited liability, to the extent of the law.
In theory, this protection isn’t supposed to cover criminal liability. But we often see it do just that or something adjacent to it. Corporations get punished all the time, but their board of directors, officers, employees, and shareholders rarely do. Even in cases where people knowingly and deliberately make dangerous decisions.
I don’t think this is going to change without fundamentally reconsidering the role of corporations in our society. Which… is unlikely to happen anytime soon.
- buildsjets 2y agoNo. A corporation in an entity formed to provide a limited liability legal shield for the owners and investors of the company. It does not protect the officers who operate the company. Officers of corporations go to jail all the time for violating the law for the benefit of their company. Including Boeing employees, for example, Darlene Drunyun and Michael Sears, if you feel like checking out their Wikipedia entries. https://en.wikipedia.org/wiki/Michael_M._Sears https://en.wikipedia.org/wiki/Michael_M._Sears https://en.wikipedia.org/wiki/Darleen_Druyun https://en.wikipedia.org/wiki/Darleen_Druyun