«If it is someone who is more senior, then there are more difficulties and the potential for
corporate culpability.»
In the seventeenth century, phenomena such as the environment and the humors became substitutes for original sin in explaining the peculiar tendency to perversity within humankind, but with the loss of corporate corruption and
corporate culpability, the focus on sin began its slow shift to sins, individually committed and individually suffered.
Not exact matches
«I'm calling for the SEC's enforcement arm to look into whether there's
culpability and manipulation, while the
corporate finance department of the SEC should re-examine the reasoning behind allowing exactly these kinds of products... to be in the first place.»
The previous starting threshold recommended for all
corporate manslaughter convictions was # 500,000, but under the new guidelines, a category A (high
culpability) offence committed by a large organisation would start at # 7.5 million with a category range of between # 4.8 — # 20 million.
The sordid, complicated and fascinating story of Bre - X and Felderhof's
culpability in the
corporate deceit has been written about extensively, and it was recently given the Hollywood treatment in the movie «Gold,» starring Matthew McConaughey.
However, it has been argued that «[a] n increased focus on
corporate criminal liability should not result in the
culpability of offending individuals within a corporation being overlooked.»
If the corporation gets sued or otherwise becomes liable to third parties, the individual directors are generally held safe from personal
culpability, since the law acknowledges that they are collectively acting in a designated role as «the operating mind» or embodiment of the
corporate entity.