Corporations Rights
Corporations, just like natural persons, require their rights so that they can be protected at some level. For different organizations, the rights should relate to their characteristics so that all their operations can be fully protected. Since employees have their own rights, corporations should also be protected at some level to ensure that none of the parties is overprotected. Laws should always be available to protect corporations just like any other individual so that they can be realizing benefits that are equal to what they have invested.
Common rights that these organizations should include the right of owning property, right to be enter into new contracts as well as the right of suing as well as being sued. Having these rights provides an organization with the ability to exist like independent persons hence being privileged to defend themselves against all issues-driven against them (Crane et al., 2018). In order to perform certain activities, organizations need specific rights to provide this chance and ensure that they have the capability of controlling all their employees as well as customers. Lacking these rights
In the case where corporations are not granted rights that are equal to those of normal persons, it becomes difficult for them to act accordingly on different issues. Lacking these rights would mean that organizations are useless and would not even exist since everything would be working against them. For a smooth operating environment, organizations need these rights, which ensure that they can operate under different grounds (Crane et al., 2018). Being granted these rights does not, however, mean that they should act against the rights of others but should always operate under certain limits. In their operations, organizations should also not compare themselves with natural persons but should understand that they have more responsibility on issues such as tax payment and other obligations.
References
Crane, A., McWilliams, A., Matten, D., Moon, J., & Siegel, D. S. (Eds.). (2018). The Oxford handbook of corporate social responsibility. Oxford University Press on Demand.