BUSINESS ETHICS B usiness ethics refers to the standards for morally right and wrong conduct inbusiness.Law partially defines the conduct,but "legal" and ethical are'nt necessarily the same. Business ethics enhances the law by outlining acceptable behavious beyond governmen control.Corporations establish business ethics to promote integrity among their employees and gain trust from key stakeholders,such as investors and consumers.While corporate ethics programs have become common,the quality varies. Interest in business ethics accelerated dramatically during the 1980's and 1990's,both within major corporations and within academia.For example ,most major corporations today promote their commitment to non-economic values under headings such as ethics codes and social responsibility charters. H istory Adam smith said in 1776,"people of the same trade seldom meet together,even for merriment and diversion,but the con...