Thursday 16 October 2008

ISSUE OF THE MONTH

WHAT MAKES PEOPLE MISBEHAVE AT WORK?

What makes some people behave in a way that we consider unethical and clearly harmful for the organisations they work for? Why did Jérôme Kerviel, a junior trader, hack the computer system of Société Générale to make transactions that cost the bank 4.9bn euros?

Recent scandals relating to insider trading, fraudulent accounting and bribery have spurred interest in ethical decision-making within organisations to the extent that top MBA schools - arguably the paragon of 'shareholder capitalism' - are making business ethics a compulsory subject of study.

The Insider illustrates how personal qualities affect the way we approach ethical dilemmas while Rogue Trader highlights the impact of organisational culture on ethical decision-making.