The reaction to major corporate scandals has been predictable and consistent. Whether it involves Enron, Citibank or World com, the reaction has always been to go very heavy on regulation and corporate governance. As a result of this, big crimes get averted, but everyday unethical practices continue unabated. Such petty acts are far more common, than the big headline- making ones. A lot of this is due to particular situations arising, and not because of unethical employees or deliberate decisions. A mismatch is often created between the corporate strategy that the firm intends on executing, and the way employees view work. Many are often confronted when asked to declare if there were any conflicts of interest.

Source:https://hbr.org/2019/03/companies-need-to-pay-more-attention-to-everyday-unethical-behavior

Uploaded Date:26/03/2019