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After the environmental disaster, regulators considered imposing the corporate death penalty to revoke the company's charter and prevent further harm.
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After the environmental disaster, regulators considered imposing the corporate death penalty to revoke the company's charter and prevent further harm.
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Related words
corporate death penalty
Noun
Japanese Meaning
法人が社会に重大な損害を与えた場合に、その法人の設立許可（チャーター）を取り消す法的処分。 / 企業が社会に大きな被害を及ぼした際に、法人格を剥奪される制度。またはその処罰措置。
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