†A version of this article was awarded the Maurer Ethics Award and a Best Proceedings Award, and it was nominated for the Holmes-Cardozo Best Conference Paper Award at the Academy of Legal Studies in Business 2010 Annual Meeting.
*Assistant Professor of Business Law and Business Ethics, Stephen M. Ross School of Business, University of Michigan. I gratefully acknowledge the capable research assistance of Michael Schultz and the research support of the Stephen M. Ross School of Business at the University of Michigan as well as the support and guidance of my colleagues in the Law, History and Communications group at the Ross School, particularly David W. Hess, for helpful comments. This article benefited greatly from the insightful comments and suggestions I received on earlier versions of this paper presented at legal studies and ethics faculty talks at the McCombs School of Business at the University of Texas at Austin, the Wharton School at the University of Pennsylvania, and the University of California Berkeley Law School. I am also grateful to the editors of this journal for their improvements and editorial assistance. Any remaining errors or omissions, of course, are my responsibility.