I'm not saying that we should only rely on CEOs to do the right thing. We absolutely still need regulation, and mechanisms for fighting regulatory capture. But

I'm not saying that we should only rely on CEOs to do the right thing. We absolutely still need regulation, and mechanisms for fighting regulatory capture. But the original claim was that companies have no responsibility towards ethical behavior; I'm saying we need to strengthen the moral responsibility of CEOs, not weaken it. Sure, it isn't perfect, but it's better than "CEOs are right to do whatever they can get away with."