Corporate VS. Individual Responsibility

Susan Gustafson Business Ethics Professor Mark Matthews, Ph.D. March 12, 2004 bodily Crime--Who Should Be Held Responsible? Corporate vs. Individual Responsibility sense has shewn, that so far under the best of forms [of government] those with power have, in time, and by dumb operations, perverted it into tyranny. --Thomas Jefferson Rampant integrated annoyance has forced us to question, erstwhile again, whom society should hold accountable for damaging corporate decisions. When corporations pop off the law, should we hold them answerable as entities themselves, or should we hold a more comprehensive view and hold individual agents responsible? Dark line of merchandise decisions are being brought to light by mart watchdogs much(prenominal) as Russell Mokhiber. He published a embrace on the top 100 Corporate Criminals of the Decade for the 1990s. In his insure Mokhiber stresses the high represent of corporate crime. Multiple hundreds of billions of dollars a cours e of instruction are stolen from ho draw near Americans at the hands of corporate criminals. These crimes implicate defilement and occupational diseases as well as those crimes such as price-fixing and fraud. While the Justice Department publishes an annual field of study titled Crime in the United States, Mokhiber has found the contention to be noninclusive of corporate crime. Crimes such as price-fixing, corporate fraud, defilement and public corruption are not documented.

The list but reports street crimes committed in the United States annually. This is troubling as the cost of all street crime annually amo unts to a mere $3.8 billion dollars whereas ! corporate crime is estimated to come at a cost of hundreds of billions of dollars annually. Here is a quote from Mokhibers report, The nest egg and loan fraud--which former Attorney General stopcock Thornburg called the biggest exsanguinous collar swindle in history--cost us anywhere from $300 billion to $500 billion alone.1 This high cost of corporate malfeasance has engaged the... If you want to stun a across-the-board essay, order it on our website: OrderCustomPaper.com

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