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The Biggest Firms Are Most Likely To Commit Fraud

The Horizons Tracker

We might imagine that prestigious and high growth firms with excellent brands will be more inclined to toe the line, ethically speaking, for fear that their brands may be tarnished by any scandals. The researchers assessed the corporate profiles of 250 firms that were involved in financial securities fraud between 2005 and 2013.

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When Good Employees Do Bad: Six Surprising Behaviors that May Precede a Scandal

Leading Blog

Commitment, integrity and transparency keep an organizations core values aligned with each other because they serve as counterweights to our human tendencies to go off-track. Not so in 1996, when the company lost billions in government contracts for ethics violations after an employee stole 25,000 pages of proprietary documents from Lockheed.

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What U2 and the US Navy Have in Common: Connecting with Core Employees

Michael Lee Stallard

Navy One example of a leader who intentionally developed a Connection Culture using all three bridges is Admiral Vern Clark, the Chief of Naval Operations (CNO) from 2000 until his retirement in 2005. We are committed to something larger than ourselves: the protection of America’s interests around the world and democracy.”

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Wells Fargo and the Slippery Slope of Sales Incentives

Harvard Business Review

In 2005 the world’s largest insurance broker, Marsh Inc., paid $850 million in fines in the aftermath of accusations that it had received kickbacks from insurance companies for steering business their way — a scheme at odds with Marsh’s commitment to finding the best deal for customers.

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Dennis Kozlowski Was Not a Thief

Harvard Business Review

After Kozlowski was convicted in 2005, I began including case studies about the Tyco corporate scandal in the business ethics classes I taught. As I examined the evidence, I became convinced that Dennis Kozlowski did not commit the crimes of which he was convicted, and for which he was imprisoned. Boards Ethics Transparency'

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A Leadership Checklist: 10 Things To Do Right Now To Make It A.

Terry Starbucker

Put The Right Team On The Field - Take stock of your team and their strengths and weaknesses, and ask a few hard questions: Is everyone committed to the new year and the new plan? Ethical leadership calls for morals, fairness, caring, sharing, no false promises or unreasonable demands on others, etc.

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Who’s Responsible for the Walmart Mexico Scandal?

Harvard Business Review

When a Walmart lawyer in Mexico blew the whistle in 2005, senior officers both in Mexico and in the United States allegedly stopped two different efforts by other Walmart employees at headquarters to conduct a thorough and independent inquiry. Think GM and its delays in addressing problems with an ignition switch.).