International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

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Tortious Liability of Companies

Author(s) Sri Subiksha Dhamodaran, Varshini Saminathan
Country India
Abstract Tortious liability of companies, in simpler terms, is about holding big businesses accountable when they do something wrong. Just like individuals can be responsible for their actions, companies can too. The concept of tortious liability of companies refers to the legal responsibility that corporations can bear for their wrongful acts or negligence, resulting in harm to others. Companies can be liable for torts committed by their employees, agents, or representatives acting within the scope of their employment. In today’s business world, understanding this concept is paramount. It serves as a vital cornerstone for maintaining ethical and responsible corporate behavior, safeguarding the rights and well-being of consumers and stakeholders, and ensuring a fair and just business environment. This understanding not only protects individuals and the environment from corporate harm but also shapes the principles of corporate social responsibility and accountability that define modern business practices. In a world where corporations wield immense influence, comprehending tortious liability is essential for upholding legal and ethical standards in the corporate landscape.
Keywords Torts, vicarious liability, shareholders
Field Sociology > Administration / Law / Management
Published In Volume 5, Issue 6, November-December 2023
Published On 2023-12-09
Cite This Tortious Liability of Companies - Sri Subiksha Dhamodaran, Varshini Saminathan - IJFMR Volume 5, Issue 6, November-December 2023. DOI 10.36948/ijfmr.2023.v05i06.10248
DOI https://doi.org/10.36948/ijfmr.2023.v05i06.10248
Short DOI https://doi.org/gs8dbr
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