The Corporation

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1. How can we ensure corporations are held accountable for their actions “ethically” and “legally”?

There must exist both internal and external regulation. The company should reinforce a corporate culture and ethics programs that include a great sense of the consequences of certain actions. If a person, as an individual, is aware that the company is doing something wrong he or she must have enough determination to say so and push the change of it.

On the other hand there should be a strong legal system that applies sanctions.

the people who is outside the corporation also has the power to inform the general public against the actions that harm the community. The power of public opinion is much greater than you would think

2. Should individuals (directors, employees, shareholders) bear any responsibility for the actions of a corporation? If so, to what degree?

A corporation is a legal person, but it is still run by individuals. so if the corporation is harming a community the responsables are the ones who took the decision.

3. What are the benefits of the corporate form? Could an alternative model offer these as well?

the main benfit is that the figure of a corporation works as it is a person, so, its actions and decisions are not linked with a real face. Corporations can act on behalf of its own interest . Corporations are made of a lot of people, that gives it diversity t accomplish ts objectives.  There's a lot of corporate forms which varies according to the responsability of the owners.

4. Search for a foreign multinational corporation that has operations in Colombia. Research if they are run under Colombian rules or regulations or if they have special regulations?

"Chevron plays an integral role in meeting Colombia's energy needs, producing enough natural gas to supply approximately 65 percent of the nation's demand."

"They own and operate a nationwide network of Texaco service stations."

As an active member of the community, "Chevron also supports education, health, sustainable business development and environmental enhancement projects in Colombia."

They are under the Colombian law, they has to meet the environmentas standards and also they have to meet security meassures of their service stations. The colombian government has the power to manipulate the fuel price as well.

5. Should economic efficiency (Main argument for privatization) be the primary concern for commons and public services? Are there other criteria to determine who should own or operate them?

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Everyone should have access to public services, no matter if they are private or not. you can't put at risk the wellfare of the community because of economic interest. I think is right that only one company manages public services because of the cost of the infrasturcure. There's not a specific criteria to decide, buy whoever gets control over public services must be highly regulated by law in order that the population get the service they deserva at a reasonable price.