Ethical conduct is something that becomes inherent in an organization over a long period of time.

It makes no sense to talk of the social obligations of the corporation without reference to its economic obligations. The two are intertwined.

Ethical conduct is something that becomes inherent in an organization over a long period of time.

The market system requires that people be committed and willing to work hard. Inherent with that is what I call a merit system, which I think gives people the greatest opportunity.

The main professional responsibility of a person in business is business.

There is no system that is inherently moral if the participants themselves are not.

He or she must be successful in economic terms, but always within an ethical framework. Whether his or her constituency is a corporation and its shareholders or the customers in a small and privately held business, his or her first responsibility is to serve that constituency.