Merriam-Webster has as one of its definitions of corporation the following:
a body formed and authorized by law to act as a single person although constituted by one or more persons and legally endowed with various rights and duties including the capacity of successionMore from Cornell.
The rights of a corporation are the same as those of a person, but the set of corporate responsibilities is less. We need to start bringing those into closer alignment. Many things have been done by corporations that would cause a human to be imprisoned for life. For example, Monsanto and PCB pollution. As far as I am aware, however, there isn't really a corporate death penalty, but there definitely should be. Corporations are great for individuals avoiding responsibility, and many of these go on profiting for years from heinous acts. If there were a such thing as a corporate death penalty, wherein the courts could declare that Monsanto, Altria (nee Philip Morris), and Union Carbide simply cease to exist as legal entities. The company would be dissolved and the assets sold off. The net proceeds (after paying off debts and liabilities) could go to the shareholders, but my instinct is not, as it is the shareholders who are responsible for the behavior of a corporation. This would be a good motivator for them to pay attention to the way their investment is behaving, a type of responsibility sorely lacking today when the only consequence is lawsuits whose settlements barely amount to 10% of a year's profits.