Although he claims not to like the word “ethics” because he feels it denotes too firm a demarcation between permissible and impermissible activities, David Chillders does nice job of linking ethics, risk, and compliance in this 50 minute talk. While I disagree with some of his intermediate conclusions, the founder of EthicsPoint is right track and this is well worth a listen if this topic interests you.
http://www.youtube.com/watch?v=n45W60zxiGk
I’m finding the issue of strategic default to be a rich one for reflection, so the blog post on it will be posted later today.