1. How can we ensure corporations are held accountable for their actions “ethically” and “legally”?
We can do that, legally by constitutional mechanisms in the different countries where the organizations should be governed by their managers under the laws parameters and it is the host country´s job to audit the enterprises behave, but when we talk about ethics that is a really complicated issue beginning on what is ethics for a corporate governor or what is it for a school teacher of primary school, or for the another corporate governor but in a country far away, so this a relative question, I think every corporation must apply what is good seen where they are established, if in china is well seen to work extra hours for less money than in the United States, why should not I do my manufacture there?
2.Should individuals (directors, employees, shareholders) bear any responsibility for the actions of a corporation?
Off course they must be responsible for the actions of the organizations for the good achievements and errors, but this discussion goes beyond if they must be responsible or not, it is a country´s task to have clear rules for the corporations about the responsibilities, limitations, and duties that the corporate individuals have to operate in the territory, also it is important to clarify that many countries punish the corporate individuals with sentences because of commitment of errors or crimes using organizations as the way to do it. Per example the money laundering is punished in our country with jail sentence.
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We can do that, legally by constitutional mechanisms in the different countries where the organizations should be governed by their managers under the laws parameters and it is the host country´s job to audit the enterprises behave, but when we talk about ethics that is a really complicated issue beginning on what is ethics for a corporate governor or what is it for a school teacher of primary school, or for the another corporate governor but in a country far away, so this a relative question, I think every corporation must apply what is good seen where they are established, if in china is well seen to work extra hours for less money than in the United States, why should not I do my manufacture there?
2.Should individuals (directors, employees, shareholders) bear any responsibility for the actions of a corporation?
Off course they must be responsible for the actions of the organizations for the good achievements and errors, but this discussion goes beyond if they must be responsible or not, it is a country´s task to have clear rules for the corporations about the responsibilities, limitations, and duties that the corporate individuals have to operate in the territory, also it is important to clarify that many countries punish the corporate individuals with sentences because of commitment of errors or crimes using organizations as the way to do it. Per example the money laundering is punished in our country with jail sentence.
3. What are the benefits of the corporate form? Could an alternative model offer these as well?
The corporate have a lot of benefits for their shareholders in terms of responsibility, when people conform a corporation, they conform a legal person that means it’s a new person that have to assume for the actions that they represent. About how responsible is the company and their managers exist a big debate, on how some thing that is not a person can take responsibilities and be blamed for actions make by humans, as I said before many countries are improving in this debate and are creating clear rules for the corporations and their individuals.
4. Search for a foreign multinational corporation that has operations in Colombia. Research if they are run under Colombian rules or regulations or if they have special regulations?
They are under Colombian regulations, but they might have some “Foreign Direct Investment” benefits that are only and exclusively to get more investment into our country, and its necessary to clarify that this benefits does not give any type of immunity for their individual´s actions, to make it even more clear any company established in Colombian territory must be aware and follow Colombian regulations.
5. Should economic efficiency (Main argument for privatization) be the primary concern for commons and public services? Are there other criteria to determine who should own or operate them?
After watch the movie I realized that there are many thing that should be handled by the public sector because take care of the public well and health, and out there are good examples of good public organizations working for the community, offering good products or services and been competitive, it is quite true that there are not a lot of them in our environment, but if exist at least one that is a prove that is possible to have healthy public enterprises, where the most important aspect is the efficiency but in service to the community.
The other criteria around is the privatization and it is a good alternative in business that doesn’t affect the welfare of the people, just because the private owners decide to gain more profits, taking decisions that can affect the community.
In conclusion I think there should be a certain mid point where the governors should decide what they give to private owners and what the state should manage in order to protect their people.
References:
http://hellocoolworld.com/media/TheCorporation/house_party_logo.jpg
http://www.youtube.com/watch?v=xa3wyaEe9vE
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