Abstract:
Why has corporate shaming become such a popular practice? Shaming
is a reflection of shared values and norms, and is most effective in
small communities. It is a weapon used against an offender’s
reputation, whose main purpose is to elicit a response of moral
disapproval within the public, and within the offenders peer group.
Skeel explores the history of shaming and the rise in corporate
shaming in reference to its relationship with the protection of our
growing corporate community. He dissects corporate shaming and the
role the enforcer and offender play, and uses examples of shaming by
public (courts) and private (shareholder activists) enforcers to
highlight the risks and gains of shaming.