This is incorrect. Corporations are soulless financial instruments designed purely to deflect blame away from people who repeatedly engage in unethical activities. Corporations ought to be abolished. They are a cancer on society.
Just read the legal definition of a corporation out loud and it's pretty clear what it's designed to do. There is nothing ambiguous about it. It's an instrument designed to legitimize criminal activity by deflecting blame away from real people and towards inanimate abstract entities which cannot be jailed or punished in any meaningful way. They operate with total impunity.
Anyone who cannot see it is a hypocrite. They are willfully blind to the horrors that they benefit from.
Corporations were humanity's first foray into legitimizing crime, cryptocurrencies may be the next instrument... Most of these instruments present themselves as workarounds which can leverage the darkest aspects of human nature for the social good but in fact they bring out the worst in people and make their dark predictions self-fulfilling.