College Guide
Blog
The way to teach these ethics is not to set up a separate class in which a typically low-ranking professor preaches to students who would rather be somewhere else. This approach, common at business schools, serves only to perpetuate the idea that ethics are only for those students who aren’t smart enough to avoid getting caught.
Rather, ethics should become an integral part of the so- called core classes — such as accounting, corporate finance, macroeconomics and microeconomics — that tend to be taught by the most respected professors. These teachers should make their students aware of the reputational (and often legal) costs of violating ethical norms in real business settings, as well as the broader social downsides of acting solely in one’s individual best interest.
Of course, no amount of instruction can prevent some people from engaging in bad behavior. It can, however, contribute to a social consensus that would discourage diffuse fraud, like the widespread misreporting of Libor rates or the willful self- delusion and dishonest dealing that helped turn the subprime crisis into a global financial disaster. The daily scandals that expose corruption and deception in business are not merely the doing of isolated crooks. They are the result of an amoral culture that we — business-school professors — helped foster. The solution should start in our classrooms.
[Cross-posted at Bloomberg View]
Facebook
Twitter
Anonymous on July 18, 2012 2:02 AM:
Where did they get the idea? Well, they all came from India, which is a cesspool of ethical trash.
Thousands of Indian students hoping to enter American colleges will have to retake the Graduate Record Examinations and English-language proficiency tests in January, because copies of the tests were widely sold before the tests were taken.
What do you get when you combine Indian technical wizardry with a desperate shortage of spots in higher education? Some really fancy exam cheating.
Delhi police this week arrested five men they said are part of an elaborate scam to crack the entrance exam for elite public postgraduate medical schools.
It's time after time after time. Indians view the US as a place ripe for the picking. We need to cut WAAAAYYYYYYYYYY back on Indian visas.