Professional Documents
Culture Documents
Corporations Rights
Corporations Rights
Corporations Rights
Corporations should have rights which natural persons enjoy. The rights though should be based
on the characteristics of corporations. Corporations should be treated in law like any other
person. Legal personality acquired by corporations on incorporation should give facilitate the
Such rights as to be enjoyed by artificial persons include right to own property, right to sue and
be sued, right to enter into contracts. Such privileges which under normal circumstances enjoyed
The independence which corporations have require certain rights to be granted so as to enable
them to fully perform certain activities. Corporations are normally independent from owners and
it will be difficult for such corporations to act if not granted rights similar to those which natural
persons have.
Without such rights corporations would be useless and would not even exist. With the
modernization corporations are a common feature in all economies and it is only prudent for
Extent of Rights
Rights should only serve to enable corporations perform their activities effectively. The legal
personality enjoyed by corporations should not be mistaken by corporations to mean that they
have all the rights and privileges enjoyed by natural persons. The legal personality of
corporations should not guarantee corporations all rights enjoyed by natural persons.
Corporations should not act fully like natural persons because the rights granted do not make
them natural persons but they rather give them a privilege to do certain activities normally done
by natural persons.
In conclusion, any corporation should act within the limits given by law and it should use its
legal personality for the purposes for which it was granted. Furthermore, corporations should not
compare themselves with natural persons in for example in terms of taxes they pay because they
are not natural persons and are only granted rights to allow for their independence from natural
persons.
References
Clements, J. D. (2012). Corporations are not people: Why they have more rights than you do
and what you can do about it. San Francisco: Berrett-Koehler Publishers.
Emberland, M. (2006). The human rights of companies: Exploring the structure of ECHR
Hartmann, T. (2010). Unequal protection: How corporations became "people"--and you can
In Benson, P., In Kirsch, S., & American Anthropological Association. (2014). Imagining