Review article
The Corporation and the State – Structure and Responsibility Competency
Predrag Haramija
orcid.org/0000-0002-1675-4996
; Zagrebačka škola ekonomije i managementa, Zagreb, Hrvatska
Abstract
The multinational corporations of today are more powerful than are many states. In this paper the author questions the structure of the corporation and its built-in mechanisms of responsibility to the citizens of the state in which it operates. With this in mind, the author examines and compares the organizational structures of corporations versus states. At first sight, the structure of a corporation resembles the structure of the state, however, were we to examine its structural mechanisms of responsibilty, we would come to see that it does not resemble a true democratic state, but rather the structure of a totalitarian one-party state. The structure of a corporation allows for mechanisms of supervision for the realization of shareholders' interests, but as yet has no established mechanisms to elicit legal, responsible, moral action toward all others.
Keywords
corporation; state; structure; responsibility; legality; morality
Hrčak ID:
64452
URI
Publication date:
11.3.2011.
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