Corporate Crime and Plea Bargains

Corporate entities enjoy legal subjectivity in a variety of forms, but they are not human beings. Hence, their legal capacity to bear rights and obligations of their own is not universal. This article lays out a stylized model that explores, from a normative point of view, one of the limits that ought to be set on corporate capacity to act “as if” they had a human nature − the capacity to commit crime. Accepted wisdom states that corporate...