Scandals in companies such as Enron have been a source of great concern in the last decade. The events that led to a global financial crisis in 2008 have heightened this concern. How does one account for executive behaviors that led to such a crisis? This article argues that a conjunction of motive, means, and opportunity creates 'an ethical hazard' making questionable executive decisions more probable. It then suggests that corporate unethical behavior can be minimized by creating a process to identify and remove such ethical hazards, and by appointing an 'ethical hazards marshal.' © 2011 Springer Science+Business Media B.V.
CITATION STYLE
Pendse, S. G. (2012). Ethical Hazards: A Motive, Means, and Opportunity Approach to Curbing Corporate Unethical Behavior. Journal of Business Ethics, 107(3), 265–279. https://doi.org/10.1007/s10551-011-1037-0
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