A recent survey by the Ethics Resource Center found that rates of misconduct are increasing and management awareness is declining in Corporate America. It also found that compliance programs are beginning to deteriorate.
At the same time, another survey has more intriguing results. Junior Achievement found that 41 percent of teens believe one must act unethically in order to get ahead. Only 22 percent of teens expressed that view in 2005
What does this all mean? Hopefully, not much. However, with rising fuel costs, intense competition and early signs of inflation, and watchdog groups beginning to look elsewhere, this may be the beginning of a perfect storm for corporate failings of an Enron or WorldCom magnitude.
At the same time, another survey has more intriguing results. Junior Achievement found that 41 percent of teens believe one must act unethically in order to get ahead. Only 22 percent of teens expressed that view in 2005
What does this all mean? Hopefully, not much. However, with rising fuel costs, intense competition and early signs of inflation, and watchdog groups beginning to look elsewhere, this may be the beginning of a perfect storm for corporate failings of an Enron or WorldCom magnitude.
No comments:
Post a Comment