Corporate Responsibility

I was listening to an interview with Jim Skinner, CEO of McDonald's, and he discussed the importance of corporate responsibility. He blames several of the recent financial blunders on a lack of so called "Doing the right thing" attitude among some corporations believing that self-policing and the want to do the right thing would do more than strict government oversight. I tend to agree with his views, we should be attempting to change the culture of corporate America. I am very afraid that government will pass tough regulation that will prevent business the lee-way to take some risks and stifle their innovation. People like to forget that without corporations Americans would not enjoy the lifestyles that they have today. Government should promote business ethics and reward those companies that do the right thing. While the many financial bailouts were of some necessity, too much of the money went to support companies who failed to the right thing. I would rather see the money go to companies that show responsibility in their actions and a willingness to look past profit margins.