http://ow.ly/6jhmP
An article on law.com on the corporate counsel webpage, written by Brian Glaser.
This article focuses on a post by Tom Kilroy regarding the ethics that are attached to a person serving the role of corporate counsel GC. The author quotes Tom Kilroy's statement as follows, "Within this context, he (Kilroy) asks, "What is the role of an employed lawyer, particularly the most senior lawyer, the general counsel, in relation to ethics in a private enterprise?""
As the article mentions, the GC should have a role in the corporation's direction, and should be involved when he or she feels the direction is not correct.
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