article thumbnail

The Political Case Against Out-Sized Executive Pay

Harvard Business Review

(See Restoring Trust in Corporate Governance: Six Essential Tasks of Boards of Directors and Business Leaders ) Each of these purposes should be reflected in annual substantive operational goals publicly stated (e.g., customer satisfaction, risk audits, adherence to company ethics).

article thumbnail

Why Are Some Sectors (Ahem, Finance) So Scandal-Plagued?

Harvard Business Review

These sectoral scandals raise profound issues for business leaders: in a highly competitive global economy, in which some sectors are flooded with money, how do you assess sector-wide integrity risks and achieve a culture of corporate accountability before , not after, bad behavior occurs?