Meaning of the word "corporations have neither bodies to be punished, nor souls to be damned" in English

What does "corporations have neither bodies to be punished, nor souls to be damned" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

corporations have neither bodies to be punished, nor souls to be damned

US /ˌkɔːrpəˈreɪʃənz hæv ˈniːðər ˈbɑːdiz tu bi ˈpʌnɪʃt, nɔːr soʊlz tu bi dæmd/
UK /ˌkɔːpəˈreɪʃənz hæv ˈnaɪðə ˈbɒdiz tu bi ˈpʌnɪʃt, nɔː səʊlz tu bi dæmd/
"corporations have neither bodies to be punished, nor souls to be damned" picture

Idiom

A legal and philosophical observation that corporations cannot be held morally or physically accountable in the same way as individual human beings.

Example:
Critics of big tech often argue that corporations have neither bodies to be punished, nor souls to be damned, making regulation difficult.
The lawyer quoted the old maxim, 'corporations have neither bodies to be punished, nor souls to be damned,' to explain why the firm itself couldn't be jailed.