More CEOs Sacked For Ethical Failure Than For Poor Financial Performance (Article by Andreas Rasche, June 2019, CBS)

From article, June 5th, 2019 by professor Andreas Rasche:

“According to a recent study from Strategy&, for the first time more CEOs have been dismissed for ethical lapses than for poor financial performance (in 2018).

What is the lesson?

I think that we overvalue compliance and undervalue the effects of a corporate culture on sustainable business decisions…”

About the author: Andreas Rasche is Professor of Business in Society at Copenhagen Business School and Director of CBS’s World-Class Research Environment Governing Responsible Business (GRB). He is Visiting Professor at the Stockholm School of Economics. Andreas can be reached at: ar.msc@cbs.dk and @RascheAndreas.

Read more by using this link to BOS.

Sources: All texts, content, quotes and graphics by Andreas Rasche. All credits and rights to Andreas Rasche.

Posted in CSR-strategi.