Only a small number of psychopaths become violent criminals. Others lead outwardly normal lives and appear integrated into society. Strongly attracted to money and power, these ‘psychopaths lite’ often seek careers in finance and business. (According to some estimates, approximately 3.9 per cent of corporate professionals have psychopathic tendencies, against approximately one percent of the […]
Read More… from Psychopaths in the C-Suite: How to Avoid Them
In April 2010, an explosion on an oil rig connected to BP in the Gulf of Mexico threatened the fate of the company forever. The disaster resulted in the death of 11 workers, and approximately five million barrels of crude oil ended up being discharged into the ocean by the time the well was finally […]
Read More… from Ethical Leadership in a Crisis (and to Avoid Crises)
What are the causes of organizational misconduct? How does it spread and what consequences does it have? These questions are the focus of research by faculty from the University of California and INSEAD. Considering the wealth of existing literature on this topic, they examine the causes of misconduct and suggest some safeguards. Organizational misconduct is […]
‘Connected’ CEOs are those who have very close ties to the other top executives in the firm. CEOs are especially connected if they were responsible for appointing the executives to their position. Using the fraction of top executives appointed by the CEO as a proxy for connectedness, Kim and Khanna found through their research that […]
In traditional Chinese Confucian culture, an emphasis is placed on the development, maintenance, and exploitation of social networks, which depend on reciprocity, integrity, and the highest individual ethical standards. In China, inter-firm relationships (such as supplier/buyer relationships) cannot be well understood without recognition of this. The research here suggests that ethical leadership not only affects […]
Read More… from Ethics and Conflict Resolution in Chinese Firms
Most companies now understand the importance of corporate social responsibility (CSR) and recognize it as a tool to strengthen their businesses while contributing to society at the same time. The challenge they now face is how to deliver CSR strategies and create real value. This Idea offers suggestions to help executives move towards policies that […]
Any one of us can fall prey to ethical fading or cognitive bias and any one of us can make an inappropriate decision without realizing. These are not the sole preserve of ‘black hat’ managers or ‘the bad guys’. These are challenges faced by top management teams the world over as they strive to create […]
