Question

write the summary of the chapter corporation
(past answer )​

Answer 1

Answer:

Published in 2004, The Corporation, by legal scholar Joel Bakan, demonstrates that corporations often misbehave because it is in their nature to do so. The corporate legal mandate, to pursue profit on behalf of shareholders, impels corporations to take any action, including callous, antisocial, and even unlawful behaviors, so long as they generate a profit.

Because corporations are created by governments, they are beholden to the state for their survival, yet they often manage to co-opt regulators to serve corporate agendas. They have become, in many instances, more powerful than their overseers. Bakan points out that the state retains the power to control, punish, and even kill off corporations, and that citizens should back efforts by governments to revive their authority over the behemoths of business.