Since the sixteenth century courts of law have held that an individual may bring an action for damages for libel or slander. When corporations came into their own, occasions arose where the question of a corporation's right to bring suit for libel or slander had to be decided. The first cases centered discussion on whether a corporation could sue on the basis of similarity to a natural person (an individual) or to an artificial person (an entity). While courts long have made a distinction between the artificial and the natural person, the law has been established that, like an individual, a corporation may sue for libel and slander. Even though the law is well settled that a corporation may bring suit for defamation, the law applicable to corporations is somewhat different from that applicable to individuals.
Louis J. Bloomfield, Defamation of Corporations, 13 Clev.-Marshall L. Rev. 95 (1964)