Elgar original reference
Edited by Jonathan P. Doh and Stephen A. Stumpf
Ethics, social responsibility, leadership, governance: these are terms that are heard increasingly often in the classroom and in the boardroom, and viewed on the front page of newspapers and magazines. Yet serious attention to the relationships among these important concepts is lacking. This volume was born from a recognition of the need to bring together varying perspectives on leadership, corporate responsibility, professional ethics and governance so as to integrate them in a way that would be of use to managers, educators and researchers. Paradoxically many companies that have had serious ethical breaches also had leaders who were lauded by the popular press and management consultants, and many had well-developed ethical codes and programs. During their reign, Bernie Ebbers of Worldcom and Kenneth Lay of Enron were among the top-ranked corporate leaders. Enron was frequently cited for its ‘innovative’ ﬁnancial practices. During Dennis Kozlowski’s tenure as Tyco chairman and chief executive ofﬁcer (CEO), Tyco was an active member of the Ethics Forum, a group devoted to advancing strong ethical commitments in business. Enron had a strong commitment to philanthropy, having contributed to education, health and other charities. Arthur Andersen provided ethics training for its own employees as well as marketing an ethics practice to other organizations, including business schools. Clearly there was something missing between these commitments and the practices of many individuals within these organizations. In our view, the missing element was a broad-based and integrated approach to responsible leadership and governance. Although individual commitments to leadership, ethics and...