Steven Mintz

Navigating the Choppy Waters of Unethical Behavior at Wells Fargo

Message From John Stumpf, CEO of Wells: Do What I Say, Not What I Do Wells Fargo is the poster child of an unethical company. We now know that its employees opened more than two million unauthorized bank and credit card accounts to meet sales projections. It cost customers almost $2.5 million in fees. The

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Corporate Irresponsibility: VW Settlement Underlies Ethical Problems

Cost-Benefit Analysis Can’t Hide Unethical Behavior by Car Companies Finally, an agreement with German car maker Volkswagen AG. On June 28, the automaker agreed to spend up to $14.7 billion to resolve federal and state civil allegations of cheating on emissions tests and lying to customers. The company has admitted that it rigged diesel vehicles

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Cognitive Dissonance and Ethical Decision-Making

The Ethical Link Between Our Beliefs and Our Actions A highly ethical person knows his or her values, principles, and beliefs. Those values, principles, and beliefs would then determine one’s actions when faced with an ethical dilemma. A person who does not understand or fully know his or her values, principles, and beliefs might act

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Character and Trust Are the Keys to Ethical Decision-Making

Virtues Underlie Workplace Behavior  Writer Robert McKee famously said, “True character is revealed in the choices a human makes under pressure — the greater the pressure, the deeper the revelation, the truer the choice to the character’s essential nature.” This is a profound statement that I use to teach ethics to my accounting students, many

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