Are ethics in business still important? (Richmond Times-Dispatch)

September 24, 2012

Regulations are sometimes written to prevent what's already happened, without anticipating future problems, and they might create unintended consequences, said Sandra Peart, dean of the Jepson School of Leadership Studies at the University of Richmond.

"We regulate so that something can't happen in the future, but then people find ways to get around the regulations or take advantage of them, and those are the things that we don't always foresee," Peart said.