No, a pretty informed take from someone who had family members that once upon a time made some very tough choices because they thought it was the right thing to do.
You can pretend at being ethical and moral as long as there is no price to pay, but when the time comes that it matters there will always be a price tag. Whether you are prepared to pay or not is what defines whether you are ethical or just pretending.
Company execs make decisions, employees make decisions, everybody carries a part.