Disturbance of Corporate Personality and Law - Coursework Example

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The thesis statement this paper would be holding is “If the court is to pierce the veil it is necessary to show both control of the company by the wrongdoer(s) and impropriety, that is, (mis)use of the company by them as a device or façade to conceal their wrongdoing.”…
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Disturbance of Corporate Personality and Law
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Download file to see previous pages This research will begin with the statement that one of the moral issues in the co-operate scene today is the act of bribing company officials in order to get tenders and other orders in the business world. This is a situation where the company officials are given bribes in order to hand over a certain order to a particular supplier. Bribing other officials to hand over information regarding a competing company falls in the same category as unethical business behavior. These offences are legally punishable by the law in the United States of America. It is documented that most of these companies are oblivious of this as an offence that is punishable by international law. However, officials should not accept bribes under any circumstances. This makes the competition in the market to be unfair. The market share then is more likely to shift from a competitive market to a monopoly. Monopolization of the market makes it worlds harder to ensure the rights of the consumer are well adhered to. This kind of moral situation should not exist in an ideal society let alone a business situation. Eradicating such vices hides a bigger picture of ensuring that each of the people’s interests is better protected. This can only be done by the effective education of people both of their rights and of the wrongs they may commit if they stay ignorant. A recent example is the publication in a global corruption report made by transparency international. This report showed that companies are still in the habit of offering bribes to officials of other states in order to get their products into those states faster. Also bribes offered to political heavyweights for smoother navigation of the product within the political climate of the state. Problems brought about by corporations investing in countries with populations that have low returns differ from the main concerns of the companies in more mature markets. Diamond also initially focused on an e-conference he attended. According to Diamond, “the consequences of all that deforestation include loss of timber and other forest building materials, soil erosion, loss of soil fertility, sediment loads in the rivers, loss of watershed protection and hence of potential hydroelectric power, and decreased rainfall.1” The conference was gathered on basis of the role that governments ought to take enabling a suitable environment that. CSR is one of the groups that cover a wide variety of ecological problems connected to trade conduct. Through the conference attended, I have not observed any guiltless references made by the writer with regards to negligence of ecological responsibility. I also have come across companies that the writer appears to be referring to successful funding and repairing of harm caused to the environment. An example used by Diamond is the EPA superfund program that righteous ecologists have supported to the extent of clearly deserving their fortune. Such programs have been reported to support the public from the actual damage that has been inflicted on the environment. The writer talks about the level or state of the compensation that EPA imposed on the environment as a result of the activities carried out certain companies2. Diamond opens up the occasional useful programs and policies huge corporations put into effect to inform companies that taking care of the environment is not the sole task of the people. During the aftermath of the oil spill, Chevron claimed to be in control of the situation. The writer simply reveals the programs initiated in the name of saving out environment, and does not let the companies off the hook. Some of the areas that signify that the writer does not the company off the hook for its environmental damaging operations include the ...Download file to see next pagesRead More
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