Do corporations have any moral responsibility?

The Chinese police state is a great investment says US hedge funds.

The US economy may be on decline but US hedge funds investors considers the Chinese police state to be a good investment for our global economy.

“China’s Hot Stock: Orwell Inc” is the headlines over an article in the NYTimes published September 19, 2007.

“In a stunning report in the New York Times last week, correspondent Keith Bradsher documented the rise of China's electronic surveillance industry, whose leading companies have incorporated themselves in the United States and obtained the lion's share of their capital from U.S. hedge funds. Though ostensibly private, these companies are a for-profit adjunct of the Chinese government.” By Ha rold Meyerson Washington Post
Wednesday, September 19, 2007.

Do US corporations have any moral responsibility to the citizens of the US?

Do US corporations have any moral responsibility to the people living on this planet?

The long and short of it is, no, to both questions. But there are a great many people who think they should.

NO & NO.
Say a CEO of some major company is walking down the street and saves someone from a nearing car, then goes back to his office and cuts factory wages.
What kind of moral responsibility are you referring to, cleaning up the community, paying higher wages, giving out free stuff in times of record profits? These companies have an obligation to make as much money as possible for its stock holders. Countries in Asia and Latin America are competing as to who can work for the least, in order to bring a couple of corporate factories to their shores. The same way consumers go from one store/site looking for the best deals.

I have strayed way of the topic, make what can of it.

Do US corporations have any moral responsibility to the citizens of the US?

Do US corporations have any moral responsibility to the people living on this planet?
The answer is they should. The title of the coporation is granted by the governmet and is only suppossed to be done if it benefits its people. But that assumes the government actually cares about you....

The long and short of it is, no, to both questions. But there are a great many people who think they should.

Whoa Nappy, major "hugs!" Who knew :) But then I am abit retarded. It is a burden :)

tucky