Like their counterparts in Greek tragedies, CEOs who defraud their companies’ shareholders fall victim to their own sense of invulnerability, according to BCG’s Kees Cools. Writing in the Manager’s Journal column of the Wall Street Journal, the BCG executive adviser details the findings of his study of 25 instances of major corporate fraud since 2000. Not surprisingly, the pressure to consistently achieve unrealistic share growth is also a major cause of unethical behavior.
Like this content? Why not share it?
There Are No Comments
Click to Add the First »
Click to Add the First »