Question

[MikeWaters]

Originally Posted by FMCoug

A corporation is a legal entity whose express purpose is to make money, thereby increasing shareholder value.

That was the question asked.

and that is precisely the problem.

[FMCoug]

Originally Posted by MikeWaters

and that is precisely the problem.

A question as to what ethical and moral responsibilities corporate executives and BoD's have and how they balance that with the above would be a different discussion entirely.

[Frank Ryan]

Originally Posted by Colly Wolly

What are the duties, responsibilities, and purposes of corporations (in general terms)?

Any thoughts?

Exploit the workers and rape the land

[MikeWaters]

Originally Posted by FMCoug

A question as to what ethical and moral responsibilities corporate executives and BoD's have and how they balance that with the above would be a different discussion entirely.

This is Colly Wolly's question:

What are the duties, responsibilities, and purposes of corporations (in general terms)?

Any thoughts?

Call me a fool, but I think he was asking in part what the RESPONSIBILITIES of a corporation are, yet you, strangely, are saying that the responsibilities of a corporation are a "different discussion entirely."

So in your mind, in answering his question, to look to the moral responsibilities of a corporation is thread-jack.

And I just wasted my time writing something that should be obvious.

[FMCoug]

Originally Posted by MikeWaters

So in your mind, in answering his question, to look to the moral responsibilities of a corporation is thread-jack.

A corporation has no moral responsibilities. It is a legal entity. The question was answered literally.

Again, what the moral responsibilities of the PEOPLE involved is a different discussion.

[MikeWaters]

Originally Posted by FMCoug

A corporation has no moral responsibilities. It is a legal entity. The question was answered literally.

Again, what the moral responsibilities of the PEOPLE involved is a different discussion.

and again, I would say, this is precisely the problem.

As if the ethics of the employees and owners is divorced from the corporation itself.

[Colly Wolly]

I put "responsibilities" in the question intentionally.

The responsibilities of a corporation include making money for shareholders within the bounds of the law, providing accurate and transparent financial reporting to investors and owners, etc.