Owners of a corporation define the way their assets are allocated and used. Just like you define how you use the contents of your wallet and bank account. There's nothing ethically special in the business operation from your allocation of personal labor, capital and time.
Apart from that, there is no such thing as "society entity". Society is only a group of acting individuals.
Society defines the rights that corporations have. It's in its very nature to be able to take away rights.
I don't particularly have any opinion on the article in question, but I don't view property rights as always being important over all else.