Sample Essay on:
The Corporation: Legal Person and Certified Psychopath

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Essay / Research Paper Abstract

This is an 8 page paper which discusses the characteristics and attitudes which make a corporation a psychopath. The bibliography has 5 sources.

Page Count:

8 pages (~225 words per page)

File: D0_JHCorp.rtf

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Unformatted sample text from the term paper:

do great things. They amplify human effort. The elimination of smallpox, the invention of the Internet, the building of pyramids and the discovery of DNA were all achieved by organizations. However, none of these accomplishments arose from the particular form of organization called a corporation (Creelman, 2004). A company or organization that is incorporated that is to say that it is owned by is shareholders is considered to be in the legal realm a person (Bakan, 2005). The corporation is therefore not treated as a group of individuals, but is treated an individual person with the same rights as an individual. However, the truth of this reality is that this corporation as an individual does not have a moral conscience as an individual does. A corporation has only one designed aim and that is to make as much money as is possible for their respective shareholders (Bakan, 2005). Simply put, corporations are not interested in their effect on the environment, they have no personal stake in social welfare, and the terms of fairness, illness or death, and suffering are not a part of their vocabulary. The purpose of the corporation is to work to maximize its bottom line, which in turn it then disperses to its respective shareholders (Bakan, 2005). A corporations shareholders are protected by the concept of limited liability. Limited liability means that a shareholder is only liable up to the amount that they may invest in a corporation and no more (Bakan, 2005). Employees of corporation can be held to be liable, but only for the particular issues, which may be related to the good of the corporation, or for acts that are deemed illegal by national law (Bakan, 2005). Employees are seldom prosecuted in the event that the ...

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