Tonedeaf at the Top

Clearly, the report is bad news if it signals increased fraud, bribery, insider trading, environmental disasters, inflated resumes, and sexual indiscretions by CEOs around the world. The question now is whether this sea of change in how sexual harassment and other sexual misconduct by CEOs is treated will lead to a similar lack of toleration for other forms of CEO wrongdoing—fudging the numbers, insider trading, bribery and the like. If news stories about the 2029 version of the PwC report read: “In 2028 No CEOs Were Dismissed for Moral Reasons,” it will more likely be because standards have slipped again than that all our CEOs have turned into choir boys (and I use this gendered term to highlight the unfortunate fact that the PwC report also indicated that the percentage of incoming CEOs who are women declined in 2018).

Source: ethicsunwrapped.utexas.edu