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: firstname.lastname@example.org 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.