Business Law, Public Responsibility, and Ethics Commons^™

Best Practices In Ethical Leadership (Chapter Seven Of The Practice Of Leadership), Craig E. Johnson

Faculty Publications - College of Business

Excerpt: "The arrival of the new millennium brought with it a tsunami of corporate scandals. Just as the publicity from one wave of discredited companies (Enron, World Com, Tyco, Adelphia) subsided, another wave rose to take its place (Health South, Strong Mutual Funds), only to be followed by yet another (Fannie Mae, AIG Insurance). All of these cases of moral failure serve as vivid reminders of the importance of ethical leadership. In every instance, leaders engaged in immoral behavior and encouraged their followers to do the same."