ABSTRACT

There are few social sanctions for bad behavior. Executives who have served jail time are back on TV and are still celebrities. More to the point, they aren’t shunned by their colleagues. 1

[All] leaders have two responsibilities. They are responsible and accountable for the performance of their institutions …, they are responsible also, however, for the community as a whole. 2

The social responsibility of business is to increase its profits. 3

Is there any ethical dilemma in business? Is there a value judgment behind the oil business strategies, or is it all about money? Does the CEO of Exxon have a heart? 4

If we look at what makes or breaks companies and careers, ethical misconduct tends to unravel things more quickly and more permanently than other kinds of business mistakes. 5

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