Title

Don't lie, cheat and steal.

Abstract

Research reveals that many U.S. employees do not trust their senior leaders. Left unattended, low trust can exact a high financial price. According to the Association of Certified Fraud Examiners, $435 billion is ripped off from businesses by their own workers each year, an amount that is approximately 6 percent of an average firm's revenues and three times the rate of such fraud in the 1960s. Encouraging ethical behavior in the workplace always was admirable, and now it makes good business sense.

Department(s)

Management

Document Type

Article

Publication Date

2013

Journal Title

Industrial Management

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