THE criminal justice system has never really known how to punish corporations.
Much of the problem was caused by the perverse incentives for delay coming from Mr. Florio's wish to punish corporations rather than to just get cleanups going.
Human rights organizations groups are basing their case on a 217-year-old U.S. law to punish corporations for human rights violations abroad, an effort the Bush administration has opposed:
The board cannot punish corporations that violate the cap.
Today's Columns Principles for punishing convicted corporations have been released by a Federal agency, which hopes it will become law sometime next year.
Haruhiko Kuroda, deputy finance minister, has warned in interviews that a low rating unfairly punishes good corporations.
Why should an individual wield the power to punish corporations economically?
Leaving the power to a jury is the only fair way to really punish corrupt corporations.
In addition, the FTC was mandated to punish corporations not following this bill.
The Securities and Exchange Commission is apparently wrestling with how to punish corporations whose executives and boards of directors have backdated stock option grants.