Abstract

This is a PPT presentation connecting the emerging field of behavioral ethics to corporate governance in a concise and practical way. Key takeaways are that: 1. We tend to overestimate our ethical behavior; 2. Most of the wrong things are done by good people due to contextual pressures and temporal dynamics; 3. Large scandals occur due to the (tacit or explicit) support of many well intentioned people; 4. Traditional compliance programs do not solve the problem: good governance must be based on an sound organizational culture that extracts the best out of people; and, 5. Board members can make a decisive contribution by evaluating and reducing the risk of ethical blindness in their organizations.

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