Sentences with phrase «corporations face penalties»

Individuals who violate the law can be fined between $ 2,500 and $ 25,000 daily, while corporations face penalties of between $ 5,000 and $ 50,000 a day.

Not exact matches

I think the deeper, underlying problem is the principal - agent problem within large, sprawling corporations: managers often do not face sufficient penalties for failure, sometimes they can escape entirely unscathed by blaming others, people are rewarded for winning government contracts regardless of the corporation's actual ability to deliver (this seems intuitively like a good idea - after all, winning fat government contracts is inherently good, right?

Individuals who breach the law can face penalties of up to $ 1 million, while corporations are liable for as much as $ 10 million.

We have now reached the point where the monetary penalties corporations face for certain offences are greater in civil judgments than criminal fines.