DISCUSSION¹

The separation of law and justice: Managing impressions of corporate ethics programs

“…The shadow of more fundamental changes in how power and resources are distributed in organizations, potentially threatening to the status quo, is often cast when the issues of justice and ethics are raised. March (1987) suggests that, at first glance, tensions like the one between "looking fair" and "being fair" can be solved as a simple optimization problem: corporations should want to do the minimum required to "look fair." Once they determine that level, the problem is resolved.…”