Business Ethics From the Top Down Can Prevent Fraud

By now we’re all too familiar with sordid tales of greed and fraud committed by executives at the highest levels of corporate America, from Bernie Ebbers (ex-CEO of WorldCom, the nation’s second largest long distance company) to Bernie Madoff (former investment broker). The economic ruin left in the wake of such fraud — companies destroyed, employees left jobless, investors rendered penniless — has prompted attention about the importance of “tone at the top” in the business workplace.
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