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Corporate abuse is a dehumanizing attitude built into the policies, structures and operations of a business. This text explains how this attitude is a natural outcome of the transition from a manufacturing to an information-based economy.
In recent years, the media have been full of stories about ethical decline. Illegal dealings have been uncovered in the banking and savings and loan industries as well as the highest levels of Congress and government administration. Even television evangelism has been seriously tarnished by scandal. Corporate Corruption is the first wide ranging book to turn the spotlight on the unethical and illegal behavior of America's giant corporations and their executives: the prestigious Fortune 500. While avoiding the undignified zealotry of tabloid muck-raking, this well-researched volume explores corporate abuse and examines the disparity between the facts of corporate misconduct and the glowing image that advertising and other media portray of these corporations. Marshall Clinard identifies the auto, oil, pharmaceutical, and defense industries as the major offenders. He devotes a chapter to each of these areas in addition to chapters on corporate violence, corporate bribery, and a final discussion of how to correct these widespread abuses. Although their massive productive capacities and innovative powers have contributed immeasurably to the high standard of living that many Americans enjoy, far too often corporations have abused the public trust, the people who use their products, their own employees and stockholders, the environment, and even the Third World that they profess to help. From illegally disposing of hazardous waste to defiance of health and safety standards to price-fixing, corporate violations cost hundreds of millions of dollars and thousands of lives. The magnitude of their offenses becomes clear when one considers that a single corporate offense may run into millions of dollars in losses, while the average cost of a burglary is $600 and the average larceny $400. In some cases, the cost of a single case of corporate misconduct may exceed a billion dollars. Having published three earlier books on corporate misbehavior and having received two grants from the U.S. Department of Justice to make specific corporate studies, Clinard is well-qualified to bring insight, experience, and unblinking scrutiny to what he describes as a story that must be told. Corporate Corruption is a must for anyone concerned about the widespread breakdown of ethics in contemporary society and the role played by large corporations when they abuse their power. It is also of interest to persons involved in business management, complex organizations, criminology, general ethics, and, in fact, to any responsible customer.
This well-documented report on the corporate behavior that has an adverse impact on public health and environment provides an overview of the problems and offers solutions and reforms to make corporations more responsive to the public good.
Passionate and cogent, this could be the most important book of the year for Canadians We are complacent. We bask in the idea that Canada holds 20% of the worldÍs fresh water „ water crises face other countries, but not ours. We could not be more wrong. In Boiling Point, bestselling author and activist Maude Barlow lays bare the issues facing CanadaÍs water reserves, including long-outdated water laws, unmapped and unprotected groundwater reserves, agricultural pollution, industrial-waste dumping, boil-water advisories, and the effects of deforestation and climate change. This will be the defining issue of the coming decade, and most of us have no idea that it is on our very own doorstep. Barlow is one of the worldÍs foremost water activists and she has been on the front lines of the worldÍs water crises for the past 20 years. She has seen first-hand the scale of the water problems facing much of the world, but also many of the solutions that are being applied. In Boiling Point, she brings this wealth of experience and expertise home to craft a compelling blueprint for CanadaÍs water security.
Twelve detailed essays were assembled by editor Sarah Armstrong, to help students obtain a balanced understanding of corporate corruption. Students will read whether global efforts against corruption are working, whether corporate profiteering is a source of environmental violence, and whether corporate rights work against the individual's rights.
Whether the corporate form is used to avoid liabilities or cover illegal acts, or whether abuse is practised to obtain certain advantages, the subject of this first-ever in-depth survey and analysis garners more attention every day – both in legal literature and in popular media. Taken together, the authoritative contributions in this book clearly and comprehensively reveal typical situations where abuse may take place and how company law and other areas of law have tackled these incidents and practices in a variety of key jurisdictions. Focusing on Europe but with global implications, the topics raised include the following: how group structures may be used by multinational enterprises to escape regulation and avoid taxation; whether the decision to incorporate a company in a particular jurisdiction may be abusive; companies set up for the purpose of money laundering; letterbox companies formed as a front to allow a company to benefit from one legal regime and avoid others; ex post transfers of seats such as cross-border mergers and conversions; when the use of phoenix companies may constitute an abuse of the corporate form; how corporate mobility is used to circumvent worker participation; and how online company formation and technological innovation may foster abuse. This book helps to explain how the line is drawn between abuse and (creative) use of the corporate form. Remedies covered include restricting the use of bearer shares, setting minimum capital requirements, piercing the corporate veil, ensuring transparency of beneficial ownership, using insolvency law to lodge claims against directors and shareholders and recover assets, and applying the general principle prohibiting abuse. There is no other book on the market focusing on abuse of companies and giving such a comprehensive analysis of the topic. Practitioners will get guidelines on how to avoid becoming involved in activities that may constitute abuse and how to address instances where abuse has occurred, and interested academics, legislators, and enforcement authorities in Europe and beyond will find this book’s perspectives invaluable.
This book develops an analysis of the historical, political and legal contexts behind current demands by NGOs and the United Nations Human Rights Council to hold corporations accountable for their human rights violations. Based on an analysis of the range of mechanisms of accountability that currently exist, it argues that that those demands are a response to the failure of neo-liberal policies that have dominated the practice of politics and law since the emergence of this debate in its current form in the 1970s. Offering a new approach to understanding how struggles for hegemony are refracted through a range of legal challenges to corporate human rights violations, the book offers a fresh perspective for understanding how those struggles are played out in the global sphere. In order to analyse the prospects for using human rights law to challenge the right of corporations to author human rights violations, the book explores the development of a range of political initiatives in the UN, the uses of tort law in domestic courts, and the uses of human rights law at the European Court of Human Rights and at the Inter-American Court of Human Rights. This book will be essential reading for all those interested in how international institutions and NGOs are both shaping and being shaped by global struggles against corporate power.
The recent accounting and corporate scandals of Enron, WorldCom, Tyco, K-Mart and McWane (producer of cast iron water and sewer pipes), which has killed 9 workers and injured 4600 more with impunity since 1995- and other greedy and lawless billion dollar behemoths- are just the tip of the iceberg relative to the serious and pervasive harm that corporations and greed are doing to people, communities, the earth and to our children's and grandchildren's future. How Corporations Hurt Us All examines many crises including how Big Oil, billion dollar weapons contractors, and unaccountable private firms like DynCorps are continuing dangerous and immoral Cold War policies by driving multiple wars and military operations; our collapsing corporate health care system that restricts free speech, stifles public debate, and manipulates public opinion to serve narrow corporate and political goals. Some of the world's largest multinational corporationsDExxonMobil(#1 oil company), Wal-Mart (#1 retailer), HCA (#1 hospital conglomerate), Citigroup (the world's #1 financial institution)- and other rogue operations are profiled in the book. The good news is that there are effective approaches to all of these interrelated, greed-driven crises. Even more hopeful are the corporate reform and global economic democracy movements representing thousands of dedicated citizens' groups and millions fo individuals throughout the world. Yet, what is ultimately necessary to reverse global economic, social, and environmental deterioration and eventual collapse, insure world peace and security, strength our weakened civil liberties, and fulfill our human potential, as the book explains, is forging a broad consensus on a new bottom line, or organizing principle, for business and society.