Corporate Values and Ethics
Two studies - one reported by B R Crossen in the Journal of Business and Psychology in 1993 and another by Amitai Etzioni show that in the last 10 years, roughly 2/3 of America's largest corporations have been involved in varying degrees in some form of illegal behaviour. This is a global problem. As noted earlier the world's economy is developing faster than the world community's. social, legal and moral norms for guiding and containing it. As a result the disorganized economy of a disorganized world is not just prone to grey behaviour.
Scandals are now everywhere in the industrialized world and are even contaminating democracies.
Executives pressured to achieve results at any cost will have the tendency to place the end before the means just like any criminal - And companies single mindedly locked in a survival of the fittest competitiveness are subscribing to the same law of the jungle as gangs on the street.…
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