Business Ethics

Leadership & Ethics Go Hand in Hand

Where are Our ‘Ethical’ Leaders?  One characteristic of ethical leadership is to influence others. Management expert John Maxwell characterizes leadership this way: “A leader knows the way, goes the way, and shows the way.” The ethical leader understands that positive relationships built on respect, openness, and trust are critical to creating an ethical organizational environment. […]

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KPMG Compromises Integrity by “Stealing” PCAOB Inspection Information

KPMG-PCAOB Scandal Raises Questions About Oversight of the Accounting Profession In an unprecedented event, on January 22, 2018, it was announced that a former Public Company Accounting Oversight Board (PCAOB) staffer, Brian Sweet, who was hired by KPMG in 2015, leaked confidential information about PCAOB’s plans to audit the company. Most of the leaked information

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Why Do We Need Ethics?

The Pathway to Principle-Based Decision Making I recently wrote a blog on my Workplace Ethics Advice site on Principle Centered Leadership. Basic principles of ethics can help us lead a more fulfilling life whether on a personal or professional level. However, our commitment to act in accordance with ethical principles is often challenged because of pressures

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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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