Why Some Sectors Are So Scandal-Plagued (Harvard Business Review)

 

Expensive scandals — think those involving settlements, fines and penalties in the billions of dollars — have escalated beyond single companies to entire business sectors. They raise myriad issues for business leaders including how to assess sector-wide integrity risks and achieve corporate accountability before the bad behavior occurs. Ben W. Heineman Jr., a senior fellow at Harvard’s Law and Kennedy Schools, examines the issue in a column for the Harvard Business Review.

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