Why Didn’t KPMG’s “Speak-Up” Culture Work? The recent scandal between KPMG and the Australian government centers around the firm’s solicitation of audit clients subsequent to receiving insider information about the bids from other firms to gain audit contracts. KPMG violated independence because of the conflict of interest emanating from ties of firm partners to board […]
KPMG-Australia Scandal: A Case of Decision Drift Read More »
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
Cognitive Dissonance and Ethical Decision-Making Read More »
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
Character and Trust Are the Keys to Ethical Decision-Making Read More »