ABSTRACT
For many people, particularly in the Western world the year 2002 will be the one in which corporate misbehaviour was exposed by the collapse of some large corporations. In particular the spectacular collapse of Enron and the subsequent fallout among the financial world - including the firm which Arthur Andersen himself founded in 1913 - will have left an indelible impression among people that all is not well with the corporate world and that there are problems which need to be addressed. This will be particularly the case amongst those adversely affected by this collapse, not least of whom are the former employees of the company who have lost their jobs, their life savings and their future pensions. Equally remembered however in other parts of the world is that 2002 was the tenth anniversary of the Union Carbide incident in Bhopal, India - the worst pollution incident in the history of the world. This incident killed thousands, left thousands permanently injured and an even greater number living a life of misery in the area surrounding the former plant. To date not one penny has been paid in compensation to those whose lives have been blighted by an incident caused by the lack of safety precautions which would be required in the Western world and which any socially responsible organisation would implement as a matter of course.
