By its nature, the only penalties that can be applied to a corporate entity are fines or revoking its charter. The latter is what I had in mind when I wrote “or worse,” although I suppose piercing the corporate veil and going after the company’s executives personally is certainly an option too!
It’s insane to respect corporations’ rights when we know very well how pointless they are for the public’s interests. We want proper behavior and serious punishments. We don’t want to respect corporate and their rights.
You can pierce the corporate veil. "What lawyer approved it? Who was responsible for putting that message there?”.
The corporation might not be able to be punished, but the actual people who did the thing can be.
The corporate veil for legal action only makes sense for a limited number of things that are problematic for the company but no person could really be expected to have directly made the choice.
By its nature, the only penalties that can be applied to a corporate entity are fines or revoking its charter. The latter is what I had in mind when I wrote “or worse,” although I suppose piercing the corporate veil and going after the company’s executives personally is certainly an option too!
It’s insane to respect corporations’ rights when we know very well how pointless they are for the public’s interests. We want proper behavior and serious punishments. We don’t want to respect corporate and their rights.
We might also need voting records so we know which members of the board need to be punished for corporate action
And it there’s been a failure to keep voting records, punish the whole board. Be more ruthless to these fucks.
Board members should be individually liable
You can pierce the corporate veil. "What lawyer approved it? Who was responsible for putting that message there?”.
The corporation might not be able to be punished, but the actual people who did the thing can be.
The corporate veil for legal action only makes sense for a limited number of things that are problematic for the company but no person could really be expected to have directly made the choice.