After reading the Business Ethics(Stanford Encyclopedia of Philosophy) article, I thought I would have a better understanding of a corporation from an ethical standpoint. However, all it did was blend the line between black and white even further. In the United States, a corporation is its own entity, separate from the people who own it. In the court of law, a corporation is treated as a person. This brings up one of the main questions presented in the article: “Is the corporation a moral agent?”
Although it is established that a corporation is a legal entity, I think that it would be difficult to consider it a moral agent without considering the people in charge of the corporation. Peter French states that a corporation’s hierarchy of decision-making and their rules for determining whether a decision is in the interest of the corporation (as opposed to the interest of the individual making the decision) makes a corporation a moral agent.
I believe the corporation’s morality is merely a reflection of the morality of the individuals in charge of it. In other words, the corporation is only as moral as the people that control it. People make decisions based on how it affects themselves. Even the people that make the rules within a corporation are looking out for themselves. With corporations as a separate entity, there is a degree of separation morally as well. An example of this is how Donald Trump uses Chapter 11. How can we consider a corporation a moral agent then?