ABSTRACT

Many business-related regulations that exist today are the result of past failures by companies to do even the minimum to protect their workers, the public or the environment. Those failures have led to horrific accidents, and regulations are society’s way of setting minimum expectations for its citizens and companies. They are often written in vague and legalistic language-open to interpretation and, more importantly, to misinter pretation. Despite those efforts to minimize, eliminate or contain harmful events and their consequences, bad things still happen.