You seem to be equating 'acting within the law' with both moral conduct and efficacy (from the perspective of the charter). This is denying that efficacy from the perspective of the company, contra the law, moral code, or the charter could have a positive outcome. In fact, it appears that successful corporations are constantly pushing on all 3 restraints, and in the marketplace, corporations that ride the edge are more competitive, thus more successful, and therefore deliver greater benefit. How then does it make sense to immediately dismantle a corporation that breaks the rules even in a small way (destroying huge amounts of value)?
It seems that you're advocating a 'punishment as deterrent' strategy for society along the lines of capital punishment. "If you violate the rules even slightly, you will be executed." Is that a good strategy for encouraging lawfulness while preserving efficacy? And is law the perfect (or the best) mechanism for encoding moral behavior?
It seems that you're advocating a 'punishment as deterrent' strategy for society along the lines of capital punishment. "If you violate the rules even slightly, you will be executed." Is that a good strategy for encouraging lawfulness while preserving efficacy? And is law the perfect (or the best) mechanism for encoding moral behavior?