by Anita Kelleher
ABSTRACT
Destruction of ecosystems, human rights violations, theft of indigenous intellectual property, fraud and deception, and recently, war. Some of the world’s most intractable problems have been attributed to the irresponsible and unethical business practices of a relatively small number of financially and politically powerful corporations. The potential for such practices was foreseen by several members of the U.K Mercantile Law Commission in the mid 19th century who, whilst debating the proposed introduction of limited liability, expressed concerns at the possible increase in moral hazard and risk of fraud.(continue…)