Legal ¿"Person"?

The wednesday in class the teach show us a movie called "The Corporation" and told us to answer a question of it; i chose: Should corporations be entitled to the same legal rights as individuals ? Where Should the line be drawn ?

I think the corporations twisted their way, and the just have some hidden harm within themselves, they just look for more productivity and more products per man hour. The corporations as a “person”, have no moral (conscience), are an immortal thing and only seek for short term profit, in this part you are probably starting to get my point, as a popular Swedish adage sais “power corrupts and absolute power corrupt absolutely”. To solve this, the corporations should have clear and visible stipulations and regulations, less freedom and rights to do whatever they want and more severe punishment to their corrupt and twisted view of the world.

For example, the environmental impact, is a case in which the corporations doesn´t have any regulations, I mean, doesn´t have any strict and very high obligatory regulation, the corporations always do what they want at the end of the day, in my point of view, the law should put some high rules and standards and bind their action field.