NYTimes: Corporations, People and Truth
Does it make sense to be loyal to a corporation as either a customer or as an employee? More generally, even granted that corporations are not fully persons in the way that individuals are, do they have some important moral standing in our society?
My answer to all these questions is no, because corporations have no core dedication to fundamental human values. — Corporations exist as instruments of profit for their shareholders. This does not mean that they are inevitably evil or that they do not make essential economic contributions to society. But it does mean that their moral and social value is entirely instrumental. There are ways we can use corporations as means to achieve fundamental human values, but corporations do not of themselves work for these values.