ABSTRACT
As Mole (1990; see Chapter 21) writes, ‘There are different degrees of belief as to what constitutes actual wrongdoing. What is illegal need not be unethical and vice versa.’
Some will argue that the law defines what the limit of business behaviour is, whereas others argue that the law merely provides a safety net to prevent the worst excesses only. Some business people will argue that their sole responsibility is to their shareholders and so long as what they do is no different from what their competitors do then nothing is wrong.
