A Behavioral Ethics Approach to Corporate Governance

54 Pages Posted: 19 Nov 2015 Last revised: 1 Jun 2016

Date Written: November 15, 2015

Abstract

This is a PPT presentation connecting the emerging field of behavioral ethics to corporate governance in a concise and practical way. Key takeaways are that: 1. We tend to overestimate our ethical behavior; 2. Most of the wrong things are done by good people due to contextual pressures and temporal dynamics; 3. Large scandals occur due to the (tacit or explicit) support of many well intentioned people; 4. Traditional compliance programs do not solve the problem: good governance must be based on an sound organizational culture that extracts the best out of people; and, 5. Board members can make a decisive contribution by evaluating and reducing the risk of ethical blindness in their organizations.

Keywords: Behavioral Ethics, Corporate Governance, Corporate Scandals, Ethical Blindness, Ethical Fading.

JEL Classification: M10, M14, G34.

Suggested Citation

Di Miceli da Silveira, Alexandre, A Behavioral Ethics Approach to Corporate Governance (November 15, 2015). Available at SSRN: https://ssrn.com/abstract=2691169 or http://dx.doi.org/10.2139/ssrn.2691169

Alexandre Di Miceli da Silveira (Contact Author)

Alvares Penteado School of Business (Fecap) ( email )

Av. Liberdade, 532
Liberdade
São Paulo
Brazil
+5511945909031 (Phone)

HOME PAGE: http://lattes.cnpq.br/4773608871754250

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