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When the actions of the corporation cause it to owe money to creditors or be sued for damages by injured customers, the owners are shielded from responsibility, since the corporation's actions are considered distinct from the persons who own it.
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To a corporation, cause-related marketing is not philanthropy.
Half the respondents were informed that a corporation caused the harm; the remainder were told that an individual did so.
In Sinclair Oil v. Levien (1971), a parent corporation caused its subsidiary to pay large cash dividends on a pro rata basis to the shareholders.
In the Nov. 7 crackdown, government troops entered and closed down an independent television station, Imedi, which is partly managed by Rupert Murdoch's News Corporation, causing what company officials estimated was $3 million to $4 million worth of damage.
When a corporation causes harm, who exactly should take the rap?
Does it lie in the board, which society should trust to ensure that the corporation causes no harm?
4.2. Figure 7 depicts the relative advantage for a corporation caused by the IDR (rather than the absolute advantage) taking the adjusted baseline model as the reference where the LOR is already effective.
For example, an earthquake may wipe out factory facilities of a stock-issuing corporation, causing the stock prices to plummet.
The contention that to apply the law to domestic corporations would, as to such corporations, cause it to be repugnant to the contract clause of the Constitution, is without merit.
Economists have long pointed out that tax subsidies to housing, together with the high taxes on corporations, cause too much of the economy's capital stock to be tied up in residential structures and too little in corporate capital.
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CEO of Professional Science Editing for Scientists @ prosciediting.com