Harris Peter (),
Berendt Charles J.,
Malindretos Ioannis N.,
Scoullis Moschos and
Williams Richard Additional contact information Harris Peter: School of Management, New York Institute of Technology, Northern Boulevard, Old Westbury, NY 11568-8000, USA
Many reasons and arguments have been put forth in an attempt to explain the business scandals of the past few years. It is logical that when major moral or ethical lapses occur in society, people attempt to understand what the cause or causes were. We also tend to make comparisons with past times in an effort to answer the question, “Are things really worse now, or is it just that the spotlight is brighter and more focused on current events than in the past?” Some people tell us that these recent business disasters are largely due to poor management, namely, that ineffective people managing organizations attempt to disguise mis-management by unethical and even criminal acts and then exacerbate the damage with lies and cover-ups. However, if poor management were the root cause, then how do we explain the dramatic advances in gross domestic product and in productivity per employee that are documented and objectively measured today?