Corporate criminal liability: the long road ahead

The role of corporations in the national or global economy cannot be undermined. The shift in economic superiority, no longer confined to Western nations, has impacted upon the structures and roles that corporations are now playing and are expected to adopt in the future.

Aside from economic contribution, corporate entities are being encouraged to accept social responsibilities by allocating their resources towards ecology and social causes and ensuring their businesses minimize the impact of damages upon individuals, customers, communities and the environment at large.

Simply put, corporations are extremely effective catalysts and harbingers of change in modern society. It is necessary for legislators and the judiciary to recognize this corporate ability to bring about social change, and adapt to it accordingly.

Priti Suri is the proprietor of PSA.