The ideological and juridical idea of what a corporation as a form is all about and what happens in the case of wrongs committed by such corporations is sought to be unpacked. The accepted notion in business and economics, which has seeped deeply in popular imagination too, that corporations exist primarily for benefiting their shareholders and hence their “accountability” is restricted to their shareholders only, is critically examined. For this, Milton Friedman’s influential conceptualisation of a corporation with the juridical construct of the corporate veil is interrogated and its far-reaching consequences through three recent important corporate cases in India are investigated.
developed countries are demanding a Critiquing Globalisation comprehensive investment agreement, Questioning Globalisation by Kavaljit Singh; Madhyam Books, Delhi and Zed Books, London and New York, 2005;
Possible Understanding the Venezuelan Revolution: Hugo Chavez Talks to Marta Harnecker translated by Chesa Boudin; Daanish Books, New Delhi in association with Monthly Review Press, New York, 2005; pp 202, Rs 150 (paperback).
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Fourteen years at work Rico, the son has changed his job four times. He has been Work: Then and Now The Corrosion of Character: The Personal Consequences of Work in the New Capitalism by Richard Sennett; W W Norton and Company, New York, 1998.
