Corporations Are Moral Agents and Have Obligations Which Go Beyond Obeying the Law.Doc
It is overwhelming how corporations have embedded a social responsibility in their mission statements and company objectives. This leaves us with one assertion that is that corporations do have some level of obligation towards society’s morality; however, the corporation itself is not a moral agent (Klaus M. Leisinger). The discussion that follows is about corporations being moral agents or otherwise; however I will reach a conclusion that corporations do have an obligation that extends beyond obeying the law; evens so this obligation have been derived from the corporations quest for profit making. Corporation’s obligation
A corporate company has social responsibilities that affect the public and their business is society’s …show more content…
Other responsibilities undertaken by the corporation are not causations of the profit motive but they are a necessity for profit making, and their presence does not entail to an obligation that extends beyond the boundaries set by the law. The correlation of corporate responsibility and moral agency should not vex us into conclusions such as that corporate have an obligation beyond the law, since we have only seen the corporations play within their limitations as imposed by the law.
Proponents of the notion that corporations are not moral agents accept that companies finance some activities that aim to improving the livelihood of employees (e.g. pension fund contributions). Corporations finance even some activities, which has no direct profit bearing, however a benefit does exist though indirectly, e.g. employee motivation. Companies also use these social wellbeing activities as a well to lock in their most valued staff members, and to attract quality employees to join their workforce. One example would be the trouble government undergoes to employ its non-skilled workers, e.g. in South Africa, there is a