ABSTRACT
Recent corporate scandals published on the Internet have raised serious questions about ethics in the workplace, notably the cases of Enron, Global Crossing, Adelphia, Arthur Anderson, Tyco International, Gallon Insider trading, the Bernard Madoff Ponzi scheme, and others-all alleged to have falsied nancial data or misused corporate funds. Steps have been taken by the Financial Accounting Standards Board (FASB) to tighten the nancial audit guidelines for the future. Not too long ago, two top editors of The New York Times resigned because they had failed to rein in one of their staffers who had fabricated or plagiarized three dozen stories over a six-month period. Exposure of these cases in the news media causes public anxiety and apprehension. But the focus of the public’s attention on ethics in the workplace should help motivate managers to avoid willful wrongdoing (Hosmer 2010; Ferrell and Fraedrich 2014).
