Leonard Wargner Program on Ethics
The discussion centered around the problem of trying to induce people in organizations to act ethically. In the final analysis, the tone at the top of the organization was thought to be the most important factor. If senior management wants ethical conduct in the corporation, then it will be more likely to get it, but high-powered incentives must be seen as constructed temptations and they must be offset with both the right tone at the top as well as with well-designed monitoring and control systems. The role of the board of directors as demanding an ethical enterprise was also seen as important. Questions and answers among the panelists followed the discussion.
In the 2004-2005 academic year, the Wagner Fund is sponsoring a new graduate research fellowship called the Wagner Fellowship in Law and Business. For more information, please click here.