Re:Nissan Admits Internal Emissions-Test Results were Falsified
by cmurf on Monday July 09, 2018 @01:12PM
(#17491759)
I would say the U.S. has become blase about corporations not having a social benefit component. They can do really vile things, far worse than a human, and get off with a fine that may or may not be meaningful in inhibiting such behavior in the future. I can't think of a single historical case, which I think would be notable, of a state rescinding the articles of incorporation of a company thereby destroying its shareholders - the corporate equivalent of capital punishment.
Some states do have "social benefit" corporations as a thing, where their charter expressly states how they are to benefit society not merely make profit. But no state makes this kind of incorporation mandatory.
Re:Nissan Admits Internal Emissions-Test Results were Falsified
by briandear on Monday July 09, 2018 @02:35PM
(#17492379)
VW is a German company. Nissan is Japanese. VW engineers did their unethical thing in Germany. In the context of this story, your comment fails logically.
Some states do have "social benefit" corporations as a thing, where their charter expressly states how they are to benefit society not merely make profit. But no state makes this kind of incorporation mandatory.