Chapter

Making and Unmaking the Pessimist's Account

in Corporate Bodies and Guilty Minds

Published by University of Chicago Press

Published in print August 2006 | ISBN: 9780226470405
Published online March 2013 | e-ISBN: 9780226470429 | DOI: http://dx.doi.org/10.7208/chicago/9780226470429.003.0007
Making and Unmaking the Pessimist's Account

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This chapter briefly details why the skeptic's and pessimist's account of recent reforms is, unfortunately, most plausible. Compliance and law abidance under the banner of business ethics are all too often illusory. Media reports of indicted white-collar criminals and white-shoe corporations are scripted morality plays with distinctly good and bad guys, images of corporate souls that are canned, superficial, or simply incredible. They are offered with all the best of intentions, with all the right moral rhetoric, by well-intended and well-informed champions of corporate citizenship. One is left asking: Who dares oppose ethical business practices and governance reforms necessary to ensure fair markets? Who opposes markets that are perceived to be legitimate?

Keywords: business ethics; compliance; white-collar crimes; corporate citizenship; business practices; governance

Chapter.  7455 words. 

Subjects: Company and Commercial Law

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