Antecedents of Corporate Scandals: CEOs' Personal Traits, Stakeholders' Cohesion, Managerial Fraud, and Imbalanced Corporate Strategy [Book Review]
Journal of Business Ethics 113 (2):265-283 (2013)
This study examines the antecedents of corporate scandals. Corporate scandals are defined as rare events occurring at the apex of corporate fame when managerial fraud suddenly emerges in conjunction with a significant gap between perceived corporate success and actual economic conditions. Previous studies on managerial fraud have examined the antecedents of illegal acts in isolation from strategic decisions and in terms of CEOs’ individual responses to the external context. This study frames the antecedents of corporate scandals in terms of the interplay of CEOs’ personal traits with corporate strategy and stakeholders’ cohesion. With this aim, this study builds on extant theory to examine the case of Banca Popolare di Lodi, an Italian bank involved in a corporate scandal in year 2005. The model contributes to advance understanding of the complex dynamics underlying the emergence of corporate scandals
|Keywords||CEO Corporate scandals Corporate strategy Managerial fraud Stakeholders|
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References found in this work BETA
After Virtue: A Study in Moral Theory.Alasdair C. MacIntyre - 2007 - University of Notre Dame Press.
Self-Interest and Business Ethics: Some Lessons of the Recent Corporate Scandals. [REVIEW]Thomas L. Carson - 2003 - Journal of Business Ethics 43 (4):389 - 394.
The Role of Ethical Leadership Versus Institutional Constraints: A Simulation Study of Financial Misreporting by CEOs. [REVIEW]Stephen Chen - 2010 - Journal of Business Ethics 93 (1):33-52.
Corporate Psychopaths, Bullying and Unfair Supervision in the Workplace.Clive R. Boddy - 2011 - Journal of Business Ethics 100 (3):367 - 379.
Citations of this work BETA
Good Apples, Bad Apples: Sorting Among Chinese Companies Traded in the U.S.James S. Ang, Zhiqian Jiang & Chaopeng Wu - forthcoming - Journal of Business Ethics.
Psychopathic Leadership A Case Study of a Corporate Psychopath CEO.Clive R. Boddy - forthcoming - Journal of Business Ethics.
Fraud in Sustainability Departments? An Exploratory Study.Maria Steinmeier - forthcoming - Journal of Business Ethics.
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