Question Many people think of corporations as essentially amoral. By its very nature, they say, a corporation only seeks to deliver value to its shareholders. It's a category mistake to criticize corporations for acting immorally, since this misunderstands their purpose. To the extent that we are concerned to ensure that corporations act morally, that is the purview of lawmakers and regulators, not the corporations themselves. As long as corporations act legally, they are beyond reproach. I was wondering if the panel had any remarks about this. It strikes me as a perverse conflation of what corporations tend to do, or what they have incentive to do, and what they ought to do. I see no reason not to view corporations as moral actors in more or less the same way as ordinary people.

Accepted:

April 13, 2017