Business ethics

In business the whole point of ethics is that they set a higher bar than the legal minimum.

However due to competitive pressures the gap is narrowing.

Only in the practise of law does the concept of ethics get formally reduced to a legal definition. That is, the ethical bar is the same height as the legal bar.

When the rule of law equals the ethical requirements then there are no ethics!

It’s hard to define ethical behaviour (any noun that is variably both singular and plural has to be a tricky one).

But it’s much easy to define what it’s not!