ABSTRACT
As engines of wealth creation, businesses have long been viewed as entities that must operate free of ethical standards of social responsibility. Many, including economist Milton Friedman, have contended that the well-being of America’s corporate/financial edifice depends on unfettered corporate interests, manned by employees whose only requirement is that they must obey the letter of the law. However, events of recent years, during which corporate and financial malfeasance has contributed to the nation’s current economic malaise, have reopened the debate over the role of business ethics. More contemporary observers have argued that there are no “shades of ...