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I don't really understand how a company can be criminally liable without any person working in it (especially the president)
by xiphias2 1y ago
I don't really understand how a company can be criminally liable without any person working in it (especially the president)
- AtlasBarfed 1y agoCorporations are legally people who can't be jailed. Make sense?
- mjevans 1y agoThat never made sense to me. Isn't the whole reason the 'board' gets paid so much that they're the ones who go to jail if stuff is messed up (and they're culpable rather than clearly wronged by someone else)?
- AngryData 1y agoTheoretically sure, that is the excuse given for their massive pay. But really that has only been true in practice for a few short periods of time, atleast in the US.
- avalys 1y agoHow much do you think the board gets paid?
- Y-bar 1y agoIn my company our chairman has a yearly compensation less than our CEO, but greater than our CFO.
- somat 1y agocorporations are not people, they don't have personal privilege, corporations are governments, they have governmental privilege. A corporation is the ruling apparatus for a group of people, which is a fancy way of saying government.
- Animats 1y agoCounty of Santa Clara vs. Southern Pacific Railroad.
- gonzo41 1y agoI remember suggesting during the VW emissions scandal that we needed something like a corporate guillotine to execute companies of scale that were involved in serious crime. Not just a change out of directors, but wholesale breakup. But you know, just a person on the internet yelling into the void...
- alexey-salmin 1y agoThey jailed the engineer, all working as expected
- ahazred8ta 1y agoSomeone said "Speaking truth to power isn't just shouting into the cannons"
- graceevans 1y ago[dead]
- cameldrv 1y agoCorporations can be jailed. You can freeze their assets and suspend their operations for a period of time. We do this in some circumstances like failing to renew a business license, but not for say, murder.
- ars 1y agoIt's because of dilution of responsibility, each individual didn't do anything wrong, but take all together it adds up to wrongdoing. It's not usually nefarious, it's usually a result of imperfect information - each individual works off of the information they have which leads them to wrong actions as a whole, but correct actions individually.
- xiphias2 1y ago,,It's because of dilution of responsibility, each individual didn't do anything wrong'' In that case it would be true, but it would be hard for me to think that nobody told the leader of Boeing (who should have known it himself as the leader of the biggest airplane company) that putting an engine over the wing is both stupid and dangerous and unstable.
- bambax 1y agoYes. It's good to inflict huge fine on the company itself, as it will eventually hurt stockholders; but management should be held accountable too, especially C-level personnel who quit with golden parachutes of various sizes. They should have to pay those back, at the very least.