The moral example set by leaders has a major impact on the behavior of their subordinates, both good and bad. Despite career success, leaders are particularly vulnerable to ethical lapses.
Ethics Unwrapped Blog
Framing describes how our responses to situations, including our ethical judgments, are impacted just by how those situations are posed or viewed.
Referred to as the slippery slope, incrementalism describes how we unconsciously lower our ethical standards over time through small changes in behavior.
The overconfidence bias is our tendency to be more confident in our ability to act ethically than is objectively justified by our abilities and moral character.
I was recently asked to give an ethics talk to a group of high school principals in training. For a time my mother was a public school teacher and a principal, and in my mind these people are to be greatly admired. Although a recent survey found teachers to be a pretty happy and satisfied […]
Financial journalist Bethany McLean has co-written two of the best books on recent financial scandals—The Smartest Guys in the Room about the Enron debacle and All the Devils Are Here about the subprime mess. In her blog, McLean recently addressed the question: “Does Jailing Executives Make Much Difference?” Judging from public reaction, jailing white collar […]
In a recent New York Times column, Floyd Norris noted in detail the obvious similarities between the downfall of Arthur Andersen during the Enron debacle and the recent troubles of Standard & Poor’s and other credit rating agencies (CRAs). Arthur Andersen was in an inherent conflict-of-interest situation. Like all auditors, it was paid by its […]