Study Shows CEOs With Poor Ethics Hurt Their Firms

Academics Lee Biggerstaff (Miami University), David Cicero (University of Alabama) and Andy Puckett (University of Tennessee) recently published a paper titled Suspect CEOs, Unethical Culture, and Corporate Misbehavior in the Journal of Financial Economics. In the paper, the authors describe a study that demonstrates "an empirical link between CEOs’ revealed character and the misbehaviors of the firms they manage."

Methodology of CEO ethics study

Examining the relationship between...

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