It is reasonable that corporations and individuals "protect themselves". No one wants to work for a company that's been damaged by bad judgement or bad luck. So companies have boards of directors and stockholders to oversee operations, hold officers liable to varying degrees, and purchase insurance against risks.

But corporations are guided by human beings so, in the end, we have ourselves to blame. If making any accusation you'd best put a name or names to it and forgo accusing a corporation purely.

But that doesn't make corporations a bad thing. They have, quite the contrary, proven to be a wonderful economic construct, along with such tools as capitalism and insurance.